Thinking about Argentina?

Thinking about Argentina?

According to a recent article in Emerging Markets, Argentina, which has long been off the radar screen for investors could see that change if the 2015 elections are the economic trigger some believe they will be. That is according to Luiz Ribeiro, head of emerging market equities, South America, at Deutsche Wealth and Asset Management (DeWAM).

“It is most likely that this government will be able to stay in power and then we could see some changes in policies,” he told the publications from  Brazil.

BlackRock’s senior portfolio manager for Latin America, Will Landers, agreed that Argentina’s election next summer forms a “bold case” for investment.

“It is a country that has a lot of good resources, good quality management teams, but the economic policies don’t make sense and change would take a while,” he said. He also expressed concerns over those running for the presidency and what reforms they would bring to the table.

Source: Emerging Markets magazine