Sat, Aug 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Sluggish economy hurting M&A activity in Latin America, while asset managers, hedge funds see opportunity

Thursday, October 11, 2012

Bailey McCann, Opalesque New York:

New data from the Organization for Economic Cooperation and Development (OECD) shows a dramatic decline in the amount of international dollars flowing into Latin America for mergers and acquisitions. According to the report, international M&A activity in the region is expected to drop 30% or $36bn in 2012. Worldwide, the deal flow of international M&A is expected to decline even more - 36% in 2012.

The slowdown in Latin America was echoed by the International Monetary Fund (IMF) which recently released its Global Economic Outlook, and downgraded its view of the region. The IMF cut its GDP forecast for Brazil alone in half to 1.5%, with an uptick not on the horizon until 2013. That said, overall, the region is expected to post expansion in gross domestic product this year of 3.2%, bolstered largely by countries often left out of the Latin America story including Mexico and Chile.

The OECD report notes that the United States and Spain have been Latin America’s main sources of IM&A, accounting for 20% and 13% respectively, but economic uncertainty in the US and a debt crisis in Spain have dampened activity. In more recent years, Asian countries have filled this gap,......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

  5. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

 

banner