Emerging-market money managers are zeroing in on Latin America for their next big trade as a wave of upcoming elections could redraw the region’s political map, potentially aligning several countries more closely with Donald Trump.
The renewed attention comes after Argentina’s massive rally following President Javier Milei’s win in midterm elections, backed by unprecedented US support. For many, it made the country a case study for how right-leaning political shifts — and especially those perceived as Trump-friendly — can unleash gains in developing-world assets.