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In the Post: A bright future in LatAM
04 November 2009
Richard Garland, Managing Director, International Distribution at Investec gives his thoughts on the Latin American region.
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Richard Garland
Managing Director
International Distribution at Investec Latin American region
The pension fund markets of Latin America are valued at around $500 billion. The largest market is Brazil, which is valued at around $200 billion and accounts for around 40% of total pension fund assets. However the key pension fund markets for foreign managers to gather assets have been Chile, Colombia and Peru and not Brazil.
The key market has been the Chilean AFP market, which is valued at around $115bn, of which around $50 billion (43%) is invested outside Chile....
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