FLLA News and Press, Franklin FTSE Latin America From 02/09/23

Summary The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource companies. The region is well placed to take advantage of the opportunities created ...

Summary Despite softer economic conditions globally, emerging markets (EM) credit fundamentals remain supportive—and while we see some pockets of weakness, especially among energy- and food-importing countries, overall we believe EM debt is well positioned to withstand a period of we...

Summary In our view, the balance of demand and supply factors should support oil prices in 2023. Most EM banking systems look better positioned in terms of capital than they were during the Global Financial Crisis. All things considered, we continue to believe that current valuation...

Summary We expect COVID-19 to continue its transition to a global endemic and the status quo to prevail in Russia's war in Ukraine, with no material implications for the global economy. Mild recessions are forecast in the United States and Europe, but resilience in Asia Pacific will pre...

Summary We see 10 major themes to watch for in Latin America in 2023. Higher interest rates will affect credit growth and discourage consumption and investment. The combination of high inflation, rising unemployment, and sluggish economic growth in much of the region will worsen pro...

Summary Argentina, Brazil, and Mexico, which account for 23% of global maize production, are experiencing substantial losses because of climate-related issues. Latin America is likely to resist any attempts to implement land distribution controls. Like their Latin American cou...

Summary The acceleration of innovation in emerging markets provides reasons for confidence in emerging markets long term. Markets in Latin America have been the best performer in emerging markets (EMs) year-to-date, driven by the rise in the energy sector, which has posted double-...

Summary Global climate adjustment is falling behind in meeting the targets of limiting temperature rise to below 2 degrees Celsius and reaching net-zero emissions by 2050. Developing economies vulnerable to climate change are likely to undertake concerted calls for "loss and damag...

Summary The energy transition has assumed a growing role within the strategies of oil and gas companies. Although this push began with global integrated oil companies (IOCs), the movement has gained steam among companies in our Latin American national oil companies (NOCs) peer gro...

Summary Growth dynamics surprised most of the region positively, favored by the return of services and employment to pre-pandemic levels, as well as external conditions that remained favorable until recently. The region is generally more resilient than in previous times ...