| 09.09.2005 Other Voices: Latin American hedge funds, the new El Dorado? |
| From Pierre Lavaud, Jetfin: Funds investing in Latin America – mostly based in Brazil – enjoyed outstanding results between 2002 and 2004. Although the environment seems more difficult in 2005, the fundamentals appear sound and longer-term prospects are excellent. The primary reasons for this success are macro-economic. The politico-economic background has stabilised since the Argentine crisis |