Bringing you live news and features since 2006 

Copernico Capital Partners launches Argentine Equity Fund

RELATED TOPICS​

Copernico Capital Partners, the specialist Latin American fund manager, has launched the Advance Copernico Argentina Equity Fund.

The fund, a Cayman domiciled OEIC, is the first actively-managed, long-only fund of Argentinean equities.  The Fund invests in value opportunities with the intention of outperforming the local MERVAL Index.  It is not offered to US investors.
 
The Argentine economy is one of the largest economies in Latin America, second only to Brazil.  With an educated work force (97% literacy) and a member of the G20, Argentina has a substantial middle class (GDP per Capita is c.$9,000).  Despite strong growth in the economy over the last decade, Argentina’s capital markets have become marginalised as a result of political and sovereign crises and self-imposed capital controls. In 2010, Argentina was reclassified by MSCI as a Frontier Market.
 
Ricardo Maxit (pictured), CEO of Copernico Capital Partners says: “We believe the current situation in Argentina provides an opportunity for investors to earn outsized returns through a focused investment program.  Companies are trading at a significant valuation discount to regional peers; the Argentinean Peso is amongst the most undervalued currencies in the world.  Also, there is strong and continued demand for Argentina’s agricultural exports and an election will be held in October 2011, at which a change of leadership is a real possibility.” 

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by