magazineBlackRock Latin American eyes spicier strategy
New managers at BlackRock Latin American Investment Trust (BRLA) are rethinking strategy to widen geographic reach and be less conservative on stock selection.
Will Landers left the trust after 13 years in December having beaten its MSCI Latin American benchmark in net asset terms in eight of the past 10 years.
New managers Sam Vecht and Ed Kuczma want to tone down the trust’s dominant exposure to Brazil (76% of funds) to include more Mexico and Argentina exposure. They also want to embrace higher risk companies with more exciting returns potential.
Important information:
These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.
Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.
Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.
