The Colombia Equity Fund, a fund managed by Luxembourg-based Casa4Funds has raised more than $10m since it was launched in April 2012, the firm has confirmed.
Single country frontier markets equities funds are capable of providing some eye-watering returns on acceptable volatility, the problem is there are not many to choose from.
Ian Simmons, lead portfolio adviser on Charlemagne’s Magna Latin American fund, believes the pillars supporting returns from the region are still strong.
In the last of the LatAm report series, we turn to Colombia, the fourth largest LatAm market in terms of assets under management.
Wealth management in Latin America is experiencing turf wars on an international scale between asset managers, private banks and family offices hoping to win over the rising number of affluent clients.