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With the world hoping to become
carbon neutral by 2050, you may
think there is little hope of a
resurgence for this coal- and oil-
A more nuanced commodity boom dominated region. Ben Yearsley,
will still leave many winning regions
director of Shore Financial Planning,
of the early 2000s out in the cold.
sees it differently: “There is no way
This includes Latin America, which
we will be able to switch to electric
provided much of the raw carbon-
vehicles in the next 10 years: we don’t
based resources to satisfy China’s
have the charging infrastructure. We
energy demand.
should encourage oil & gas companies
Top-performing funds invested in
to move to renewables, but we’ll need
the region returned between 300 and
oil for 10 years yet.”
450 per cent over the decade, including While he acknowledges the political
BlackRock GF Latin American and
problems in the region, Yearsley also
Scottish Widows Latin American.
points to favourable demographics and
In the 2010s, however, most Latin
a nascent consumer sector.
America funds struggled to eke out
more than single-digit gains.
Latin America
PERFORMANCE OF INDEX (IN $) OVER 20YRS
S&P GSCI Spot (366.39%)
600%
500%
400%
300%
200%
100%
0%
Ja
4
-100%
Source: FE Analytics
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