Latin America Seen Poised for Rally as Political Dust Settles

The political clouds are clearing, and one of Latin America’s biggest asset managers likes what he sees.

“Now that the round of elections in the region have finished, demand and confidence are increasing, and we’re expecting a stronger second half that will help us to reach a 7 percent return,” Ignacio Calle, chief executive officer of Medellin, Colombia-based Sura Asset Management SA, said in an interview at his office.

Read More: Bloomberg