One to Watch: A fund not for the fainthearted

Aberdeen Latin American Equity

FE's Joshua Ausden scours the marketplace for the best hidden gem funds for your portfolios.

There has been what feels like a consensus move into European and Japanese equity markets in recent months, with both seen as something of a value play. But, for those willing to look a little further afield, Latin American countries such as Brazil, Mexico, and Chile are home to some of the cheapest companies on the planet. Risks are, of course, high, but the potential for returns over the long term is unquestionable. Latin America had a stellar run between mid-2004 and mid-2008, with the MSCI Emerging Markets Latin America 10/40 index delivering around 300%. It has been much tougher sin...