Latin America has been cited as an excellent opportunity for investors looking at the long term.
People looking to make a safe, long-term investment should consider Latin America, according to Scottish Widows Investment Partnership (SWIP).
The firm explained that Latin America has a number of factors which make it an attractive proposition, despite the effects of the global economic downturn and the swine flu outbreak in Mexico. These include low debt levels, a maturing financial sector and a growing customer base.
Jeff Casson, investment director of global emerging market equities at SWIP, suggested that countries in the area have become more able to deal with global fluctuations in the markets.
"Over the last five to ten years, governments in the main Latin countries including Mexico, Brazil and Chile, as well as Peru, have learned from the crises they have experienced in the past," he explained.
"They are much better positioned now to withstand the global slowdown. Despite recent currency volatility, we have seen a steady easing in interest rates, as well as counter-cyclical measures being announced and implemented by governments, which should help support domestic economic growth over this tough economic period."
Chile has been the real success story in the area over recent years, but analysts who took part in the recent Reuters Latin America Investment Summit believe that Brazil and Peru could soon begin to reach Chile's credit status.
