BlackRock Latin America manager Will Landers believes the region now offers bargain prices with unpre...
BlackRock Latin America manager Will Landers believes the region now offers bargain prices with unprecedented macro stability. He manages the £3bn Luxembourg-domiciled Latin American fund and in 2006 grabbed the Latin American Investment Trust from its F&C management. “Valuations were relatively inexpensive before the recent correction and are now even more so,” he said. “Forward price earnings ratios (P/Es) have declined to 10-11x for the region, which should offer some support should earnings disappointments emerge. The macro environment is stable because of structural changes in t...
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