Itau Unibanco Holding SA
Financials Dragged FLFAX Year-to-Date through November in 2015
FLFAX fell 2.8% in November 2015 from a month prior. In the three- and six-month periods ended November 30, the fund fell 4.8% and 20.4%, respectively.
Developing a Strategy for Investing in Latin America Funds
In this series, we’ve reviewed seven LatAm-focused mutual funds (BDERX) in terms of their sectoral changes over the past year and the possible reasons for their performances in 2016.
Will Falling Inflation Accelerate Monetary Easing in Brazil?
Brazil’s (EWZ) economy is showing signs of improvement in 2017, and inflation is hovering around its target rate.
How the EP Latin America Fund Class A (EPLAX) Avoided Major Losses in August
The EP Latin America Fund A (EPLAX) fell by 8.4% in August 2015, from July 2015—the second smallest decline among the eight funds in this review.
The EP Latin America Fund Class A (EPLAX): Must-Knows
Euro Pacific Asset Management offers the EP Latin America Fund A (EPLAX), which aims for capital appreciation by investing “at least 80% of its net assets.”
Why IMF Slashed Brazil’s Economic Growth Outlook in 2017
Economic activity in Brazil (EWZ) has been slow as it tries to emerge from its deep recession in 2016. But consumer and business confidence is improving.
Why Latin American Economies May Be in Trouble
Worsening economic conditions in Brazil and Venezuela hit economic growth in Latin America in the first quarter of 2015.
Which Stocks Saved the BlackRock Latin America Fund in 2015?
The BlackRock Latin America Fund – A (MDLTX) fell 5.2% in December 2015 from a month prior.
Brazil’s SELIC Rate Rises to 14.25% yet Inflation Continues to Soar
The Central Bank of Brazil has attempted to rein in inflation by raising Brazil’s key interest rate, also known as the SELIC rate.
Why the Service Sector’s Contribution to Brazil Is Important
The service sector is the main contributor to Brazil’s GDP and job creation, but it’s currently suffering from structural weakness and poor international performance.
Inflationary woes in Brazil continue despite rise in Selic rate
Investors should watch inflationary woes in Brazil. For the week ended March 15, the IPC-S consumer price index was at 1.49 against an expected 1.42.
Brazilian Stocks Continue to Decline Despite a Pleasant Surprise
Brazilian stocks continue to decline. A good chunk of this decline is due to the corruption scandal surrounding Brazilian oil giant Petróleo Brasileiro.
Service Sector in Emerging Economies Remains Mixed in September
Emerging economies remain mixed in September, with Russia expanding and Brazil contracting further. Although Russia has moved back to expansionary phase, its overall economic environment remains challenging with rising inflationary pressure.
A Few Stocks Salvaged MDLTX Year-to-Date through November in 2015
MDLTX was down 2.4% in November 2015 from a month prior. In the three- and six-month periods ended November 30, the fund fell 5.8% and 19.9%, respectively.
An Introduction to Brazil’s Largest Banks, Latin America’s Biggest
Since the ’80s and ’90s, Latin American banks have stabilized. Today, the largest banks in Latin America are concentrated in two countries: Brazil and Mexico.
Why Brazil seeks diversification
Given the declining competitiveness of its commodity exports, Brazil’s economy is attempting to diversify away from its economic model.
Why is Brazil an attractive investment destination?
With a population of 202.72 million, Brazil is the biggest economy in Latin America and the seventh biggest in the world by nominal gross domestic product.
Why you should be cautious when investing in Brazil
Brazil’s gross domestic product (or GDP) was growing at about 6% before the recession hit the economy in 2009, when GDP dipped below zero.
Berkshire-Backed StoneCo Tumbles after ITUB Ups Ante
StoneCo (STNE) was trading down 27.6% as of 1:30 PM ET. The negative price action was driven by an announcement by Itaú Unibanco Holding (ITUB).
Will Rising FDI in Brazil Help 2017 Market Performance?
FDI (foreign direct investments) in Brazil picked up in the second half of 2016 in spite of a slow economy, impeachment of the president, political crises, and corruption scandals.
Is Brazil Showing Improvement in Its Economic Growth?
Brazil’s economy is currently emerging from a severe and prolonged recession. Some reasons for the slump in the country’s economy were political uncertainty and lower consumer and business confidence.
Why Has HLMNX Done Well in YTD 2016?
Compared to its peers, the relatively high exposure to energy stocks has benefited HLMNX in 2016 so far.
Brazil’s Budget Deficit Led to Dilma Rousseff’s Ouster
A release from the Central Bank of Brazil showed that the country’s primary deficit stood at 136 billion Brazilian real in the 12-months until March 2016.
Fiscal Woes Have Plagued Brazil
Brazil’s fiscal woes have just worsened. A release from Banco Central do Brasil showed that the country’s cumulative primary deficit stood at 125.1 billion reais in the 12-month period ended February 2016.
Brazilian Stocks on a Roll: Should You Be Part of the Action?
Brazilian stocks have had a great 2016 so far. But the year began on a somber note for Brazil with stock markets around the world gripped by volatility.
Brazil Downgraded Further: Will Mexico Remain Healthy?
Standard and Poor’s reduced Brazil’s long-term foreign currency rating by one notch to “BB” with a negative outlook on February 18, 2016.
The BlackRock Latin America Investor A Fund (MDLTX): Portfolio Overview
The BlackRock Latin America Fund invests “in Latin American equity and debt securities” but does not seek to spread its portfolio across a lot of countries.
Why Top Stocks Hurt the BlackRock Latin America Inv A (MDLTX) in August 2015
The BlackRock Latin America Fund – A (MDLTX) fell 9.2% in August 2015 from a month ago—putting its performance in the middle of a pack of eight funds in this review.
Brazil’s Downgrade: What It Means for Investors
On September 9, Standard & Poor’s downgraded Brazil’s sovereign credit rating to “junk” status. Brazilian stocks fell at the close of trade on September 9.