Caught in the Storm

Greek Relief is over; Storm Clouds are Gathering for Equities

We were promised growth. The Fed told us growth would be recovering after a very weak (weather/port strike affected) first quarter. Europe, with the benefit of a cheaper Euro and ultra easy monetary policy, is supposed to be recovering. China, with several rate cuts, reserve requirement cuts and liquidity injections, apparently stabilised in the second quarter. Not least, we keep ...

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Peru’s Infrastructure Boom

If you’re an international investor looking for infrastructure opportunities then look no further than Peru. Pro Inversion, the body in charge of structuring and awarding infrastructure work, has a list of more than 25 projects, across ten sectors for the next two years alone. They cover everything from electricity and energy to health and telecommunications – there is even a ...

Group of People Holding National Flags of Mexico

What Mexico’s Tough Week Tells Investors

Thought you had a bad week last week? Spare a thought for Mexican president Enrique Peña Nieto. His week began with the humiliating jailbreak of ‘El Chapo’, Mexico’s most notorious drug lord. Then on Wednesday his much-trumpeted energy reform debuted with an underwhelming oil auction that failed to achieve the expected number or value of bids.   Peña Nieto was already suffering ...