InvestmentsJul 17 2014

World Cup fails to kick-start investor interest in Latin America

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According to data from Halifax, only 2 per cent of investors have sought exposure to Brazilian or other Latin American companies, despite the focus on the region over the course of the World Cup.

Table 1: Average annual consumer spending and GDP growth, World Cup semi-finalists

 

Annual consumer spending growth

Annual GDP growth

 

Pre-World Cup

Post-World Cup

Pre-World Cup

Post-World Cup

1990

1.90%

1.90%

1.10%

0.10%

1994

8.60%

10.70%

2.40%

1.40%

1998

3.70%

5.40%

3.60%

4.80%

2002

5.40%

6.40%

7.10%

5.40%

2006

1.60%

2.00%

2.40%

2.20%

2010

1.20%

1.00%

2.00%

1.30%

Average

3.70%

4.60%

3.10%

2.50%

Source: Datastream