Thomas Smith, manager of the Neptune Latin America Fund
Latin American equities have performed strongly so far in 2016, returning 27 per cent in sterling terms. Much of this move has been driven by newsflow from Brazil, with markets reacting positively to the government voting to impeach President Dilma Rousseff and on the hope of a fiscal adjustment and reforms under a potential new president. Thomas Smith, manager of the Neptune Latin America Fund, explains why he believes this has the potential to bring about real change, as well as summarising the general move to the centre we are witnessing in Latin American politics.
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