Colombia’s ‘Tiger Trade’ Fades as Fiscal Risks Loom
The rally that accompanied Abelardo de la Espriella’s rise to power in Colombia is already fading, with investors waiting on cabinet announcements and a concrete plan to repair the nation’s...
By Nicolle Yapur · Bloomberg Markets
The rally that accompanied Abelardo de la Espriella’s rise to power in Colombia is already fading, with investors waiting on cabinet announcements and a concrete plan to repair the nation’s strained public finances before adding to what had been some of the best trades in emerging markets.