TwinFocus Insights

Latin America: Ed Dorado or Investor no-go? Latin America: Ed Dorado or Investor no-go?

Executive Summary We have written a number of pieces on the broad… Executive Summary We have written a number of pieces on the broad macroeconomic implications of the shift from a unipolar world, where the terms of trade, finance and politics are largely determined by the U.S., to a multipolar world, marked by rising U.S./China competition, resource nationalism, a restructuring of supply chains and manufacturing bases. These changes strengthen the hand of resource rich nations and are particularly favorable for Latin America. The region holds large reserves of resources whose secure supply is increasingly viewed as a vital national-security interest as well as key to supporting the growth of electrification and the AI datacenter build-out. After a decade in which commodity dependence was a curse, this endowment is transmuting into bargaining power. Markets are taking notice, MSCI Latin America Index returned +55.3% in 2025 and is up +14.6% YTD through 5/21/2026, outpacing... Read More