|
Economic activity in Colombia & Peru continues to grow at a steady rate.
Peru has remained the fastest growing economy in Latin America since 2007 and Colombia’s forecasted GDP growth continues to get bumped up on a regular basis. Improved regulations, relative insulation from the global financial crisis, a growing middle class, improved mortgage markets, re-stabilizing of the commodities markets, the establishment of new trade agreements and massive infrastructure investments continue to drive investment in Colombia & Peru.
With so much happening, it is no surprise that the quantity of local and international funds active throughout the region continues to multiply.
The markets in Colombia & Peru are rich with opportunities. Many Colombian and Peruvian funds outperformed their global counterparts through the end of 2009. Local pension funds continue to possess an abundance of capital which they are eager to invest. Due to recent regulatory changes, local pensions can allocate more to alternatives than ever before.
Keywords: Columbia, Peru, Funds, Andes
|
