Dobson: LatAm fundamentals are stronger than ever

Threadneedle manager believes Latin American economies are less vulnerable to external shocks than ever due to good use of commodity proceeds

Latin American economies are less vulnerable to external shocks than ever before, according to Threadneedle's Katy Dobson. Manager of the group's near £1bn Latin American fund, she said sensible fiscal policies have allowed countries to reduce their current account debt and businesses are seeing balance sheets and fundamentals improve. "Latin American economic fundamentals have greatly improved in recent years, thanks in part to the prudent use of proceeds from the commodity boom and the adoption of orthodox economic policies," Dobson added. Brazil, for example, became a creditor to t...