Tag Archives: LatAm

The S&P/B3 High Beta Index – An Unlevered Framework for Bullish Tactics

Since the beginning of 2019, the Brazilian stock market has been in bullish territory, generating double-digit gains in January alone (10.59% in local currency and 17.71% in U.S. dollars).[1] Market participants are calling for a strategy to help them take advantage of the current favorable view on Brazilian equities. The S&P/B3 High Beta Index may Read more […]

Latin America Scorecard: Q4 2018

It is that time of year when we look back at the memorable moments that made 2018 so special. In our case, we will look at the Latin American markets to see their development and performance. This past year was particularly exhilarating and terrifying at the same time, similar to the feeling one gets when Read more […]

Latin America Scorecard: Q3 2018

This quarter has brought mixed expectations for the region. The quarter itself resulted in overall positive returns. However, Latin America is still in the red for the year. The S&P Latin America 40, a widely used benchmark for the region, ended the quarter strong with a return of 6.4%. The countries that contributed to this Read more […]

SPIVA® Latin America Mid-Year 2018 Results

Last week, the SPIVA Latin America Mid-Year 2018 Scorecard was released. The scorecard tracks the performance of active mutual funds in Brazil, Chile, and Mexico through the end of June 2018. Exhibit 1 shows how managers fared against their respective category benchmarks for one-, three-, and five-year lookback periods. In the short- and long-term periods, Read more […]

Carbon Costs – LatAm Analysis

For the first time, the main S&P DJI indices in Latin America have been analyzed by Trucost to reveal their exposure to a range of different carbon metrics that prudent investors may want to be aware of. A central element of the analysis is the estimated portion of earnings that could be lost if the Read more […]

What September Brings for the S&P/CLX Index Series

September is here. The entire Chilean investment community has been looking forward to this month for many reasons. For one, the transition of operations of the Chilean indices has been completed. S&P Dow Jones Indices (S&P DJI) is now the official index administrator of the Bolsa de Santiago’s indices. Secondly, the rebalancing and reweighting of Read more […]

Latin American Scorecard: Q2 2018

Q2 2018 showed that volatility is king in Latin America. The first quarter saw strong returns for the region, with Mexico lagging. In the second quarter, we saw a practical wipeout of all gains for the year and a return to negative territory for Latin America. Recent presidential elections in Mexico and Colombia, as well Read more […]

Introducing the Persistence Scorecard for Latin America

Following similar studies performed by S&P Dow Jones Indices on active funds in the U.S. and Australia, we introduce the Persistence Scorecard to the Latin America region. The two aforementioned studies have demonstrated that top-performing active funds have little chance of repeating that success in subsequent years. To determine if similar conclusions can be made Read more […]

Latin American Scorecard: Q1 2018

March 30, 2018 marked the end of the first quarter of 2018, and so far, the regional indices for Latin America have shown strong performance. The S&P Latin America BMI, which is designed to measure the performance of 287 companies in Brazil, Chile, Colombia, Mexico, and Peru, returned 7.4% for the period. Even more impressive Read more […]

Latin American Scorecard: Q4 2017

Latin America closed 2017 on a high note. This is the annual edition of this report where we will review the 2017 performance of country and regional indices, as well as the best performers and those that lagged behind. Latin America’s annualized returns, as measured by the S&P Latin America BMI (the broad regional index) Read more […]