Brazil: an attractive long-term bet

Despite all the gloom surrounding Latin America, Brazil is an attractive long-term bet for investors prepared to take the risk, says Sarah Moore.

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Funds with exposure to Latin America have had a dire few years, with many down by more than 50% since 2011, says Attracta Mooney in the Financial Times. Unsurprisingly, many investors are now heading for the exits. Total assets managed by European-domiciled Latin America funds have fallen by more than 70% in Europe since 2010 (to €7.5bn), with US-domiciled equivalents dropping by 85% to just $1.4bn, according to investment research company Morningstar. What was briefly a fashionable sector is now shrinking: more than a quarter of US and European-based funds specialising in the region have been liquidated since 2010, according to data provider Lipper.

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Sarah is MoneyWeek's investment editor. She graduated from the University of Southampton with a BA in English and History, before going on to complete a graduate diploma in law at the College of Law in Guildford. She joined MoneyWeek in 2014 and writes on funds, personal finance, pensions and property.