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Komfie Manalo, Opalesque Asia:

Since the financial crisis in 2009, Florida has benefited from an influx of people to the US and Miami in particular as an entry vehicle to invest in attractive real estate assets or assets that had corrected throughout the crisis and at that time profiting from the appreciation of the currencies in the region, stated Ricardo Navarro, manager and credit strategist at asset management affirm Noctua Partners.

"In addition, we are also starting to see an inflow of mainstream funds and potential clients moving southward towards Miami, complementing the movement we have seen from Latin America to Miami over the last decade. Ultimately looking ahead I think there's a significant upside for an influx of assets and asset managers in South Florida," Navarro told participants in the latest Opalesque 2018 Miami Roundtable.

He explained that when you go back a decade or more, particularly with the Latin American market, Miami was perceived as a city of consumption where you would go primarily to shop or for entertainment.

But now, apart from an influx particularly of Brazilians coming to the market post the real estate crisis, Miami also benefited from several tax changes or amnesties in Latin America with investors reducing offshore assets in places such as Panama or Cayman.

He added, "All of these facto......................

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