Bancolombia S.A. (ADR)
Over the last decade Colombia has been one of Latin America´s economic miracles, with the country going from teetering on the edge of becoming a failed state to becoming the region´s fourth largest economy and third largest oil producer. This dramatic change has not come easily, and began with the security crackdown introduced by former President Uribe in 2002 and the deregulation of the economy, while introducing an more »
After spending over half a century pioneering commodities and other global investments, Van Eck Global has spent the last several years developing exchange-traded products and become the fifth largest ETP provider in the US (and the eighth largest worldwide). Building off their experience developing USD 25 billion in ETFs, their Market Vectors team discusses their reasoning and outlook on the future of frontier and emerging market opportunities.
Nick Slepko more »
Colombia has been the cornerstone of ETF superhero Global X Funds’ success. After leaving Madrid, surviving Wharton, and picking up a CFA on his way to co-founding Global X, CEO Bruno del Ama and his team currently oversee 31 ETFs which have brought USD 1.5 billion under management in less than five years. While Global X's recent ETF offerings of Argentina and Greece have been controversial, it all more »
[Continued from part 6]
Nick Slepko: Do you have any investments in Cuban-American public companies?
Tom Herzfeld: Cuban-American or not, Mastec (NYSE: MTZ) is a great company by most metrics. The company’s founder Jorge Mas Canosa was a very prominent Cuban-American leader…Mastec was one of our earlier holdings. I more »