Three solid Mexican companies to buy now

Each week, a professional investor tells MoneyWeek where he’d put his money now. This week: Jean Médecin, member of the Investment Committee at Carmignac Gestion.

Last year was a roller-coaster for emerging-market stocks, as the prospect of the Federal Reserve ‘tapering’ quantitative easing (QE) led to a sharp sell-off in the second quarter.

While countries that require international liquidity to fund their current-account deficits will continue to suffer, we are convinced that the excessive and indiscriminate reaction to these concerns by the market has created some interesting investment opportunities.

Mexico is an excellent example of a country [...]

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