Weekly Impact Investment Market Update: May 11, 2018

Impact Investing & ESG
 

How Socially Responsible Investing Can Help You Avoid Catastrophic Drops within Your Portfolio

Martin Kremenstein, head of retirement and ETF solutions at Nuveen, explains how ESG metrics serve as an indicator of quality and can be used as a risk management tool.

ESG Reins in Volatility after Rough Start

Critics of ESG mandates believe that the exclusion of smaller allocations to some larger and more stable companies will lead to higher volatility and lower returns relative to less-constrained allocations. For a while they were right.

Common ESG Investing Misconceptions Debunked

For some time, investors have been using their investment dollars to try to make a change in the world. One option is to focus on green investing, where the emphasis is avoiding environmentally dangerous companies and instead investing in those with greater sustainability efforts.

Why Asian Investors Are Waking Up to ESG Data

The fact that ESG data is becoming an integral part of many fund managers’ processes is not new information – but a recent roundtable event in Singapore illustrated that institutional investors in Asia are also ramping up their interest in the investment discipline.

 

United States & Europe
 

In First Speech, Fed’s Barkin Backs U.S. Rate Rises Amid Strong Economy

U.S. interest rates have room to rise further given the remarkable strength of the U.S. economy, the Federal Reserve’s newest regional Fed president said on Monday in his first major speech on monetary policy since he was appointed.

Brexit: Peers Call for UK to Remain in European Economic Area

The House of Lords has backed calls for the UK to effectively remain in the EU’s single market after Brexit.

 

Developing Economies
 

Fair Progress? Economic Mobility across Generations around the World

If you are born into a low-income family, what are the chances that you will rise higher regardless of your background? The ability to move up the income ladder, both in one’s lifetime and with respect to one’s parents, matters for fighting poverty, reducing inequality, and even for boosting growth.

Powell Says Emerging Markets Equipped to Navigate Turbulence

The Federal Reserve’s gradual push towards higher interest rates shouldn’t be blamed for any roiling of emerging market economies, which are well placed to navigate the tightening of U.S. monetary policy.

Africa’s Economies are Turning a Corner

African economies often seem like victims of divine whimsy. Most of the continent’s workers are farmers, reliant on the rains. Much of its wealth comes from oil and minerals, at the mercy of markets.

A New Economy for the Middle East and North Africa

Despite its geopolitical challenges, the economies of the Middle East and North Africa have vast untapped potential in their young, educated, and tech-savvy populations.

Southeast Asian Digital Economy Emerges as a Beacon for Investors

American poet and civil-rights activist Maya Angelou’s immortal words, “In diversity, there is beauty and there is strength,” fit well with the cultural and industrial diversity of Southeast Asia. The diversity that is seen in the SEA markets is a magnet for investments.

India Ranks 4th in Asia-Pacific on Power Index

India has ranked fourth out of 25 nations in the Asia-Pacific region on an index that measures their overall power, with the country being pegged as a “giant of the future” but trails behind in indicators of defense networks and economic relationships.

Latin America and Caribbean: Seizing the Momentum

Growth in Latin America and the Caribbean is picking up, thanks to stronger demand at home, and a favorable global environment helped also by rebounding commodity prices.

Weekly Impact Investment Market Update: May 4, 2018

Impact Investing & ESG
 

Investing to Make an Impact

The co-founder of an impact investing firm explains the growing intersection between Wall Street and the world of health.

The ‘Slippery Slope’ of ESG Demands

“We have to earn a return,” Ontario Teachers’ CEO Ron Mock reminded Milken conference attendees, while MetLife’s CIO attested to exploding client demand for ESG integration.

Making a Positive Impact – On Financial Performance and on Society

This report is one of Deutsche Bank Wealth Management’s CIO Insights Reflection on ESG.

Environmental, Social, and Governance Assessment and Engagement in Emerging Markets Debt

ESG factors can be particularly important to credit quality in emerging markets fixed income. This especially applies to quasi-sovereign issuers that are exposed to both sovereign and corporate risks.

The Case for Investing in Green Companies

For investors focused on profit, investing in environmentally friendly firms may not seem like the most lucrative strategy. They may worry that adopting greener practices could hurt a company’s share price.

Why Responsible Investing is Not Limited to ESG

Advisors would do well to include morally responsible investing in their array of SRI offerings.

New Issue Areas Attracting Impact Investors, and Why

The impact investment community has a unique mantle of responsibility that is one part of a symbiotic relationship with the responsibility of consumers. As consumers, it is beholden unto us to purchase products that reflect our values, in turn affecting where investors look to spend their investment dollars.

 

United States & Europe
 

Nine Days, One Signal: U.S. Economy is Doing Fine if Not Great

The data deluge that swept over the U.S. economy since the middle of last week can be boiled down in one message: Lofty expectations, but more down-to-earth numbers.

U.S. Unemployment Rate Falls to 3.9% as Economy Adds 164,000 Jobs

The U.S. economy added 164,000 jobs in April, the Department of Labor’s Bureau of Labor Statistics reported Friday, missing analysts’ average estimate for a gain of 192,000. The unemployment fell more than expected, to 3.9%, after holding at a 17-year low of 4.1% for six straight months.

EU Predicts Bright Outlook for Economy, Tougher Times for UK

Economic growth across the European Union will remain robust this year and next, particularly when compared with Britain, which is set to leave the bloc in less than a year, the EU’s executive branch said Thursday.

 

Developing Economies
 

Nigeria, China Sign $2.4 Billion Currency-Swap to Lift Trade

Nigeria and China agreed on a currency-swap worth $2.4 billion to boost commercial ties and reduce the need to use the dollar in bilateral trade.

South Africa’s Trade Balance Returns to a Surplus in March

South Africa’s trade balance returned to a surplus in March as exports of metals and vegetables climbed, while imports of minerals products declined.

Weekly Impact Investment Market Update: April 27, 2018

Impact Investing & ESG
 

More Research Needed on Using ESG in Fixed-Income Investing – GPIF, World Bank

Further research and development about incorporating environmental, social and governance factors into fixed income is needed to increase ESG fixed-income investing, said a new report from Japan’s ¥162.8 trillion ($1.5 trillion) Government Pension Investment Fund and the World Bank Group.

Commentary: Impact Investing Goes Mainstream

Impact investing is coming of age. Earlier in this decade, this new style of investing raised the question of whether socially conscious investors could really do well while doing good. Today, while we are still early in the journey, we think the answer to the question is clearly yes.

This AI Tool Could Revolutionize Impact Investing

David Shrier left MIT after adopting the school’s mission and applying it to his artificial intelligence startup, Distilled Analytics. He’s hoping to disrupt impact measurement for companies and investors alike with the company’s new product, Distilled Impact.

Social and Sustainable Investing Gets a Boost from an Unlikely Source: Wall Street Activists

Several high-profile activists – including Cliff Robbins of Blue Harbour Group and Barry Rosenstein of Jana Partners – see environmental and social factors as profit plays.

Impact Investing Comes Into Its Own

In 2010, INSEAD’s Global Private Equity Initiative started to explore the nascent trend of responsible investing. In 2014, it published its first report on environmental, social and governance factors within the private equity context. Four years hence, the industry has evolved significantly.

 

United States & Europe
 

U.S. Economy Grew by 2.3% in First Quarter, Easing Slightly

The economy grew at an annual rate of 2.3 percent in the first quarter, the government reported Friday, offering a preliminary glance at how last year’s sweeping package of tax cuts is affecting consumers and businesses this year.

Developing Economies
 

The Best-Performing Emerging Market Readies a New Eurobond

Angola, whose Eurobonds have outperformed those of all its emerging-market peers this year, is readying a new dollar transaction to take advantage of higher oil prices and a new program with the International Monetary Fund.

Ethiopia is Now Africa’s Fastest Growing Economy

Ethiopia, Africa’s second most populated country, is forecast to be the fastest growing economy in Sub-Saharan Africa this year, according to new data from the IMF.

Chile, Argentina Investing Suddenly Looks Better

Exchange traded funds for Chile and Argentina are holding up, providing an investing escape while the U.S. stock market contracts.

Mexico Fully Expects to Reach a Consensus on NAFTA Trade Deal

Alongside the U.S. and Canada, Mexico is in the midst of eight-month-old talks to try to update the NAFTA deal — which is thought to underpin about $1.2 trillion in yearly trilateral trade.

Weekly Impact Investment Market Update: April 20, 2018

Impact Investing & ESG
 

The Finance Performance of Impact Investing Through Private Debt

The Global Impact Investing Network (GIIN) and Symbiotics present the first comprehensive analysis of the financial performance of private debt impact investment funds.

ESG Ratings Can Help Investors Pick Winning Emerging Markets

Reports from Morningstar and GMO explain why investors and advisors should consider ESG factors when investing in emerging markets.

You Can’t Just Recycle if You Believe in ESG

The more investors pay attention to ESG, the more issuers will have to improve their behavior.

Is ESG on Course to Become the Norm in DC Defaults?

Late last year the UK government said it was “minded” to make pension fund trustees produce environmental, social and governance statements.

Emerging Market Debt Investors Wary of ESG Analysis

Investors in emerging market debt (EMD) are leery of environmental, social and governance (ESG) investment analysis because of “common misconceptions,” according to BNY Mellon.

Evan Harvey, Nasdaq: What’s Driving ESG? A Top Ten List

The prevalence and prominence of sustainability as a vital concept in the world – let alone the business community – is now clear. It has been driven by a host of dynamics that are both native to, and external from, business: environmental catastrophe and social crisis, economic disparity, and political dysfunction.

Shareholder Influence on Impact Investing

Investors are increasingly taking an interest in impact investing. What’s the value they see here?

The ESG Data Revolution

Adam Bernstein, ESG Specialist with Gitterman Wealth Management in New York believes “We are experiencing a non-financial, ESG data revolution.”

 

United States & Europe
 

Europe’s Depopulation Time Bomb Is Ticking in the Baltics

Young workers keep leaving for the west, while refugees from the Middle East and Africa are shunned. The UN sees a catastrophe lurking.

 

Developing Economies
 

IMF Sees Ethiopia Beating Ghana as Fastest-Growing Africa Economy

Ghana has lost its mantle as the African economy likely to grow the quickest this year to Ethiopia, which has held the position for most of the past decade, International Monetary Fund data showed.

India to Make South Asia the Fastest Growing

India’s recovering growth will drive South Asia to the fastest growing region, said World Bank’s biannual South Asia Economic Focus released on Sunday.

Latin America Has Become a Hot Spot for U.S. Deal Makers

U.S. executives named Brazil and Mexico, the two largest economies in Latin America, among their five most popular destinations for deal making, according to a new survey.

Weekly Impact Investment Market Update: April 13, 2018

Impact Investing & ESG
 

Finding Emerging Market Stocks with Social Consciences

Until recently, investors interested in emerging market funds had few ways of singling out companies with standout environmental, social and governance records.

Family Foundations Beginning to Shame Public Companies to Invest More in ESG Causes

John D. Rockefeller founded Standard Oil Co., and as a result was the richest person on the planet when he died in 1937. Yet, some of his 200-plus living descendants have embarked on a mission to challenge Standard Oil offspring Exxon Mobil Corp. on climate change.

Bain Double Impact Calls a Trend: Sustainable Meals

The $390 million fund, headed by former Massachusetts Gov. Deval Patrick, is looking for what Patrick calls “big secular trends driving market opportunities around mission-driven brands and companies.”

Research Affiliates Bets ESG and Smart Beta are Two Great Tastes That Go Great Together

Smart-beta and sustainable investing were destined to meet in that kooky, belongs-together-forever kind of way found in romantic comedies. And now they finally have.

ESG and Diversity Aren’t Buzzwords…They’re Good Business

Scrutiny of environmental, social, and governance (ESG) policies, and analyses of boardroom diversity have predominantly been the province of mid- and large-cap institutional investors.

Danone Looking to Make World Better One Cup of Yogurt at a Time

Danone SA, the world’s biggest yogurt maker, notched a win in its quest to remake itself into the world’s largest socially responsible food company.

 

United States & Europe
 

Europe’s Double Opportunity

Europe has a decision to make. It can stand by as nationalism and authoritarianism flourish from the United States to China. Or it can lead a reinvigoration of democratic values and international cooperation, at a time when rapid technology-driven change demands major political, economic, and social reforms.

 

Developing Economies
 

Kenya’s GDP Growth to Rebound to 5.5 Pct in 2018 – World Bank

Kenya’s economy will grow 5.5 percent this year compared with an estimated 4.8 percent last year, thanks to better weather and less political risk after last year’s presidential election, the World Bank said on Wednesday.

World Bank Keeps Favorable Growth Outlook for East Asia & Pacific

In the April 2018 edition of its East Asia and Pacific Economic Update, the World Bank is cautiously optimistic about economic growth in developing East Asia and Pacific (EAP).

Southeast Asia: Export Boom Countries

Southeast Asian nations are benefiting from the return of global growth, with more room to grow capacity and exports—even as wages trend upward.

Weekly Impact Investment Market Update: April 6, 2018

Impact Investing & ESG
 

How the World’s Largest Pension Invests in ESG

Socially responsible investing (SRI) is gaining steam at a rapid pace. What was a scarcely understood novelty several years ago has now become a necessity in every “know-your-client” discussion.

4 Ways the Financial Industry Fails Socially Conscious Investors

For years, financial institutions and advisors have dismissed socially conscious investing as the well-intentioned but misguided philosophy of naïve investors.

Saving the World: The ‘New Normal’ for Finance?

Amit Bouri is evangelical that members of his network, and many more like them, can right the wrongs of the world using the muscle of their money.

Is Impact Investing the Next Big Thing for Donor-Advised Funds?

Private foundations have been taking bolder steps toward impact investing in recent years. But with more individuals turning to donor-advised funds (DAFs) to facilitate their giving, how can those funds also be invested today to improve the world?

How Investors Influence ESG Reporting

We spoke with David Mordy, Director of Investor Relations for CenterPoint Energy (CenterPoint) for his perspective on how corporate Investor Relations Officers (IROs) are viewing the shift to Socially Responsible Investing (SRI).

 

United States & Europe
 

U.S. Economy Added 103,000 Jobs in March; Unemployment Rate Stays at 4.1%

The U.S. economy added 103,000 jobs in March, maintaining a steady track of growth, but wages barely budged, the Bureau of Labor Statistics reported Friday.

 

Developing Economies
 

Emerging Markets Get Thumbs Up After Staring Down Tough Quarter

Emerging-market stocks beat peers from developed nations in the first quarter as investors tangled with an escalation in trade tensions, a jump in bond yields and bank-funding costs, and a sell-off in technology stocks.

Latin America Under Tightening Global Liquidity Conditions: Emerging Markets in a Change Global Environment

Emerging-market assets enjoyed significant support from investors during 2017. An environment of economic-growth recovery with moderate inflation across developed markets combined with solid commodity prices and abundant liquidity searching for yield—all contributed to remarkable interest from international investors in EM securities.

Chile Economic Activity up 4 Percent Year-on-Year in February

Chile’s economic activity rose 4.0 percent in February from the same month a year ago, its largest increase in two years, the central bank said on Thursday.

Peru Names Economist Tuesta as Finance Minister

Peruvian President Martin Vizcarra will appoint an economist who was a director for Latin America’s CAF development bank as finance minister in a completely new cabinet he will swear in on Monday.

Weekly Impact Investment Market Update: March 29, 2018

Impact Investing & ESG
 

ESG and Supply Chain: Why Both Matter

There has been a rapid shift in the world of corporate disclosure. In the past 12 months, we have seen investment giants writing to CEOs urging them to report on their long-term strategies and socio-environmental goals, and the world’s first gender pay gap reporting regulation coming into effect.

Capitalism’s New Formula: Capital + Purpose = Social Impact

This equation is the catalyst for our movement, which shares characteristics of major social and political movements in the last century.

Europe’s $38 Billion Carbon Market is Finally Doing Its Job

Europe’s $38 billion a year carbon market is finally starting to work the way it was intended, reining in pollution with a minimum of squealing from industry.

It’s Cool to be Kind: Family Offices and Impact Investing

The term “impact investing” celebrated its 10th birthday in 2017, a year where it seemed every other investment house launched a new fund offering to tap into the trend. But what does it really take to be an impact investor?

 

United States & Europe
 

U.S. Economy Grew Faster Than Previously Estimated in Q4

Gross domestic product climbed by 2.9 percent in the fourth quarter, reflecting an upward revision from the previously estimated 2.5 percent increase.

The Most Stable Economies in Europe
They’re not necessarily the ones you’d think of first.

German Jobs Bonanza Keeps Economy Swinging into Spring

Germany’s jobless total dropped more than expected in March and unemployment hit a record low, adding impetus to a labor market that has already become the linchpin of a consumer-led upswing.

 

Developing Economies
 

South Africa’s Economic Chief Hints at Privatization Drive

“Why not?” responded National Treasury Director General Dondo Mogajane, when asked by Reuters Saturday if it was possible for segments of South Africa’s publicly-owned firms to be sold.

Indonesia Continues to Build on Solid Economic Growth

Indonesia maintained strong economic growth in 2017 and the outlook continues to be positive, according to the World Bank’s March 2018 Indonesia Economic Quarterly.

Saudi Arabia Wins Emerging Status in Quest for Billions

Saudi Arabia won classification as an emerging market by a major index compiler for the first time, a key step toward the kingdom’s goal of attracting billions in additional stock investor inflows.

Spotlight Latin America: Key Trends and Challenges for the Region in 2018

The year 2018 is a particularly eventful one for Latin America.

Argentina to Sell $4.2 Billion Bond as Part of Provincial Fiscal Pact

Argentina said on Wednesday it plans to issue $4.2 billion in peso-denominated bonds at an interest rate of 6.73 percent as part of a fiscal pact signed late last year aimed at bolstering the financial position of the country’s provinces.

Weekly Impact Investment Market Update: March 23, 2018

Impact Investing & ESG
 

A Roadmap for the Impact Revolution

The Global Impact Investing Network lays plans for a five- to seven-year impact makeover of legacy financial markets.

Just Good Business: An Investor’s Guide to B Corps

Investors weigh the value of B Corp certification. More than 2,400 companies have been certified as “B Corps,” giving them a handy way to demonstrate their adherence to social and environmental performance and accountability standards. Do investors care?

How the Market for Impact Investing Could Go from Billions to Trillions

The biggest misconception about impact investing is that it’s charity. A market still in formation? Yes. A market in need of common definitions and metrics? Yes. But charity? No way.

Young Asians Pursue Impact Investing that Makes Profit at Home

The question is how fast the region will seize opportunities in societies’ many needs

ESG Researcher Sustainalytics Buys Solaron Sustainability Services

ESG research firm Sustainalytics purchased certain assets from Solaron Sustainability Services, a provider of environmental, social and governance ratings and research to global investors.

What Impact Investors Can Learn From Activists

Impact investment is a relatively new phenomenon – the billion-dollar trend most people have never heard of.

European Plans Ramping Up on ESG for Default Options

European defined contribution plans are gearing up to incorporate ESG elements into their default funds ahead of anticipated changes to retirement rules.

How Women Are Influencing Impact Investing

Women today are taking on the challenges of this millennium with uncommon vigor and creativity by managing family, career and education in ways that are transforming how we live and work.

 

United States & Europe
 

Up, Up, Up Goes the Economy. Here’s What Could Knock it Down

Americans have spent much of the past decade wondering when the economy would recover from the crippling Great Recession. Now, they are considering another question: When, and how, will that recovery end?

 

Developing Economies
 

A Positive Surprise for Emerging Markets

Many eyes are watching emerging markets economies. The economies of countries such as China, Thailand, and South Korea, along with their stock markets, soared last year and are outpacing developed markets so far in 2018.

5 Takeaways from the 2018 World Economic Forum on Latin America

Latin America has long been considered a region on the brink of great success and prosperity, but corruption and mounting inequalities plague many of its countries, and solutions aren’t easy to come by — even if the problems are increasingly easy to identify.

Latin America in the New Asia-Pacific Trade Order

Economic relations between Latin America and the Caribbean (LAC) and Asia are at a crossroads. LAC countries face the dual challenge of reigniting trade with Asia, which remains the world’s fastest-growing region, while also diversifying and adding value to their exports.

Argentina, Germany Want to Keep Pledge for Free Trade at G20 Summit

Germany and Argentina want to uphold a pledge to keep international trade free at a summit of the world’s 20 largest economies in Buenos Aires this week, the countries’ finance ministers said on Sunday.

Water and Money’s $1 Trillion Relationship Crisis

With the U.S. and other countries needing massive water infrastructure spending, private capital will have to play a part.

Weekly Impact Investment Market Update: March 16, 2018

Impact Investing & ESG
 

Demystifying Impact Investing for Newcomers – and the Rest of Us

Three impact fund managers break it down during a live panel at Liquidnet’s New York office

How to Invest With a Conscience (and Still Make Money)

Jean Case, the chief executive of the Case Foundation, is a leader in impact investing, a movement that aims to force social change by minimizing or eliminating investors’ exposure to companies that harm the world and achieve a solid return.

Make Way for ‘Gender-Lens Investing’

One of the fast-growing parts of sustainable investing is so-called gender-lens investing, which integrates gender-based factors, either to improve returns or to promote more gender equality. There have been a number of investment product introductions around the world recently; expect more.

ESG is a Growth Strategy

Pioneers such as the Environment Agency Pension Fund or mastertrust Nest will have devoted the most time to thinking about ESG, but regulatory pressure is ramping up and could soon force more schemes to do likewise.

U.S. ESG Funds Struggle to Keep Pace with Global Peers

Environmental, social and governance-focused funds investing outside the U.S. have fared significantly better than their U.S. counterparts. Three- and five-year alpha numbers for the ex-U.S. cohort were 1.42% and 1.51%, respectively, while U.S. ESG funds struggled to outperform their targets.

Nomura Says to Study Long-Term Growth of ESG Bond Market

Nomura Holdings has established a research group to focus on the sustainable development of the bond market adhering to environmental, social and governance (ESG) standards.

The Surprising Leader in the $36 Billion Global Market for ‘Payments for Ecosystem Services’

Spoiler alert: China’s market-based system pays farmers and households more than $5 billion per year to reduce deforestation.

New Financing Facilities Blend Capital to Meet the 2030 Global Goals

Convergence design grants help fund managers mobilize private capital with public and philanthropic funding.

The Economics of Mobile Money

The business case for financial inclusion is clear. Capturing the opportunity is less so..

 

United States & Europe
 

UK Exports to a Group of Emerging Nations Could be $10B More

Annual exports to what Standard calls the Emerging 7 (China, India, Pakistan, Nigeria, Bangladesh, Vietnam and Indonesia) are currently worth £24bn.

 

Developing Economies
 

What’s the World’s Fastest-Growing Economy? Ghana Contends for the Crown

Its projected growth in 2018, between 8.3 and 8.9 percent, might outpace even India, with its booming tech sector, and Ethiopia, which over the last decade has been one of Africa’s fastest-growing economies thanks to expanding agricultural production and coffee exports.

South Africa’s Economy Expected to Grow at 1.9% in 2018

The OECD’s latest Interim Economic Outlook has revised South Africa’s growth rate expectations for 2018 and 2019 upward, on the back of positive sentiment around the economy and changes to the political landscape.

Latin America and the Caribbean: Back on Track

A nascent global recovery is improving prospects across Latin America and the Caribbean—albeit unevenly.

Weekly Impact Investment Market Update: March 9, 2018

Impact Investing & ESG
 

Digital Platforms Meet Sustainable Investing

The plan is to marry the firm’s brokerage and custody service menu with highly modular, API-driven services that help enterprises and advisors quickly deliver a new online investing service to customers.

Women’s Leadership Delivers a Prize for All: Long-Term Sustainable Growth

‘Better Leadership, Better World,’ and ‘Powering Potential’ suggest women are the key to economic outperformance.

Mobilizing Billions, then Trillions, for Climate Solutions and Energy Access

The Climate Finance Lab and Power Africa have both mobilized more than $1 billion.

Why Gender Diversity May Lead to Better Returns for Investors

Gender diversity at work and investing in equality for women can actually increase a company’s—and your portfolio’s—bottom line. Our expert explains.

 

United States & Europe
 

Canada Doubles Down on Innovative Finance for Global Development

Canadian budget commitment shows other G7 countries how public funding can catalyze private capital.

Mexico and Canada Just Got More Leverage in US Trade Negotiations

Eleven nations will formally enter into a new trade pact today designed to lower tariffs and bridge regulatory gaps around the Pacific Rim.

 

Developing Economies
 

Kenya February Private-Sector Activity Strongest in Nearly Two Years

Kenya’s private-sector activity expanded at a rapid pace last month as output rose and orders increased, a survey showed on Monday, news that will cheer investors after months of election-related contraction last year.

How China is Challenging American Dominance in Asia

As China grows more powerful, it is displacing decades-old American preeminence in parts of Asia. The outlines of the rivalry are defining the future of the continent.

Brazil’s Economy: From Zombie to Walking Dead

The OECD published its Brazil 2018 survey just as the country released figures showing its economy grew 1 per cent last year, its first year of expansion since 2014.

Latin American equities jump on U.S. jobs data

Latin American equities soared across the board on Friday, with Brazil’s benchmark Bovespa index gaining the most  intraday in three weeks, after new economic data in the United States eased fears of tighter monetary policy there.