Cencosud S.A. American Depositary Shares
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The New York Stock Exchange on the Joy of Depositary Receipts (part 2)
By Nick Slepko - October 24, 2012 | Tickers: CNCO, ABV, NYX, BSMX
Alex Ibrahim is Vice President and Regional Head of Latin America, Bermuda, and the Caribbean for the Global Corporate Client Group of NYSE Euronext (NYSE: NYX), and manages the Exchange’s relationships with over 150 companies in the region. He discusses depositary receipts (foreign stocks traded on local exchanges) and the role DRs play in global investing.
[continued from part 1]
Slepko: How do you measure the success of an more »
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Investing Abroad: Chilean Stocks
By Matthew Luke - August 6, 2012 | Tickers: BSAC, CNCO, LFL, SQM, VCO
Diversification is the best defense against global uncertainty. Living abroad, that is one truth that I have come to appreciate more and more. With so much uncertainty in Europe and the rest of the world, we sometimes forget that truth. In these times of uncertainty, many investors seek the safety of good US companies, avoiding the rest of the world completely. Diversification means more than just different sectors of the US economy. Diversification also means foreign companies that will protect your portfolio from domestic risk.
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The Wal-Mart (or something) of Latin America
By Matthew Luke - July 2, 2012 | Tickers: CNCO, HD, M, SWY, SPG, WMT |
I’m sure by now investors are sick to death of this investing trope: the “Smaller Foreign Company-X is the Major US Company-Y of Emerging Market-Z”. Renren is the Facebook of China. Yandex is the Google of Russia. Arcos Dorados is the McDonald's of Latin America. I could go on and on. They are just phrases people say to get attention. Words that rarely ever mean anything. Renren isn’t really the Facebook of China. Yandex isn’t actually the Google of Russia. Although in the case of Arcos Dorados, it literally is the McDonald's of Latin America, so sometimes these types of descriptions are applicable.