Significant Inflows into Mexican ETFs
Recently, there has been a substantial influx of capital into exchange-traded funds (ETFs) focused on the Mexican stock market. This week, the iShares MSCI Mexico ETF (EWW) received investments amounting to $160 million, marking the highest weekly inflow since December 2023. This comes despite political instability and the depreciation of the peso, as investors see a buying opportunity at lower prices.
Investment banks also suggest that the potential scaling back of judicial reforms in Mexico has contributed to this significant capital inflow into ETFs targeting the Mexican stock market. Prominent ETFs include BlackRock's EWW and Franklin Templeton’s FLMX, with reports also highlighting their performance and top portfolio holdings. Moreover, Jefferies has upgraded its investment rating on Walmart de Mexico from 'Hold' to 'Buy', citing long-term growth potential.
Related News
뉴스핌2024 9月 13
[GAM] 'Lump Sum' into Mexican Stock ETFs ② Strategy to Overcome Political Risks - NewspimThis article is a premium article published at 4:12 PM on September 11 in GAM (Global Asset Management), 'Helper for Overseas Stock Investments.' By subscribing to GAM, you can access premium articles on over 9,000 overseas stocks. [Seoul=Newspim] Reporter Hwang Sook-hye =&
뉴스핌2024 9月 13
[GAM]'Large Sum' Bet on Mexican Stock ETF ① Rebound in Stock Prices and Peso - NewspimThis article is a premium article published on September 11 at 4:12 PM on 'Global Asset Management' (GAM), an overseas stock investment assistant. By registering as a member of GAM, you can view premium articles on over 9000 overseas stocks. [Seoul=Newspim] Reporter Hwang Sook-hye =