Tag Archives: S&P MERVAL Index
Introducing the S&P MERVAL Index (MEP): A Local USD View of Argentina’s Equity Market
The S&P MERVAL Index is Argentina’s flagship equity index and the main reference used by market participants to measure the performance of that market. However, in a high-inflation environment, Argentine peso returns can become distorted, so investors often look at returns in U.S. dollars. This raises an important question: in a market with high inflation…
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Latin America in the Long Term: A Potential Application of U.S. Equities
2022 was a challenging year for equity markets, as central banks around the world hiked interest rates in response to surging inflation. U.S. equities were affected by the souring sentiment, with the S&P Composite 1500® down 17.8% in 2022. More broadly, all 25 countries in the S&P Global Developed BMI declined in U.S. dollar terms…
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Performance of Latin American Markets in Q2 2019
As most global markets and regions have performed well in the first half of 2019, it is great to see that Latin America has kept up with its more developed regional counterparts, although at a slower pace. The S&P Latin America 40 was up 3.4% for the quarter and 11.5% YTD. Similarly, the broader S&P…
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