The finance ministers from Chile, Colombia, Mexico and Peru are showcasing their bloc’s economies and investment opportunities to investors in the Unites States.
Peru’s finance minister Alonso Segura is making the case for the Pacific Alliance region along with Chile’s Rodrigo Valdes, Colombia’s Mauricio Cardenas and Mexico’s Luis Videgaray.
The four finance ministers will meet with executives at financial institutions, investment banks, hedge fund managers and private equity firms from all over the world in New York and Boston from Sunday through Tuesday.
At the tenth Pacific Alliance summit held in Paracas last July, the four countries agreed to continue to make the case for the strength of the four economies which make up 38% of Latin America’s GDP and over half its exports, but to also emphasize each country’s adherence to orthodox economic and fiscal policy.
After Pacific Alliance meetings, Segura will participate in the inPeru road show on Wednesday and Thursday to promote the benefits of investing in Peru. inPeru is a nonprofit organization formed by Peru’s largest commercial organizations which looks to promote Peru’s capital markets to international investors.
Segura will also meet with officials from the world’s leading index provider, Morgan Stanley Capital International (MSCI), to present the measures the government and Lima stock exchange have taken to increase trade volume in Peru’s capital markets.
In August MSCI said it would consider reclassifying Peru from an “emerging market” to a “frontier market” due to low liquidity on the Lima exchange. Some analysts fear a reclassification would prompt capital flight of $5 billion out of Peru as index funds and institutional investors bound to emerging markets sell off their Peruvian positions.
Ministros de Finanzas de Alianza del Pacífico se reunirán con inversionistas (Andina)
Ministro de Economía participará en reunión de Alianza del Pacífico (Andina)
Upcoming Events New York 2016 (inPeru)