The Argentina Investment Report for December 01, 2015

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, us companies

The Argentina Investment Report for December 01, 2015 The Argentina Investment Report is a weekly snapshot of headlines regarding the country’s changing economic outlook; as well as the challenges, risks and opportunities awaiting foreign investors in Argentina.  “The First Signs of Confidence” – Clarín op-ed by Dante Sica, former national secretary of industry and mining, who says “generating confidence, that will be the first challenge …

Moving Dollars Out Of Argentina Through Stock Exchange Declared Legal

Patrick Archer buenos aires events, competitiveness, foreign investment, real estate

Argentine banks and brokerages have been given a legal green light to move their clients’ funds out of Argentina using the stock exchange, a practice known locally as contado con liqui. The arbitrage operation peaked in popularity in 2008 before plummeting in 2009 as more and more companies were scrambling to get dollars out of the country. Many observers questioned the legality …

Local Banks Investing Millions On Buenos Aires Office Space

Patrick Archer buenos aires events, foreign investment, real estate

At a time when Argentine companies have limited options regarding transferring profits abroad, two of Argentina’s largest banks are making major investments in Buenos Aires AAA office space. BBVA Banco Frances will invest US$220 million to acquire 23 floors in the recently announced Catalinas Norte project. Upon completion in 2015, the new 33-story office tower at the corner of Cordoba …

Global X Funds Launches First Argentina Exchange-Traded Fund

Patrick Archer agribusiness, foreign investment, us companies

Exchange-Traded Funds or ETFs have grown in popularity in recent years as small investors seek to diversify and capitalize on growth opportunities in emerging markets. Generally designed to track a specific index, ETFs offer investors a flexible, low-cost way to buy and sell an entire basket of securities with a single transaction throughout the trading day. While there are more …

MoneyShow: Why Argentina Is Latin America’s Hidden Treasure

Patrick Archer foreign investment

A confluence of good news yesterday on several fronts: The market price for Argentina’s three major AgExports rose, the country risk fell another 3.5%, LCD prices have fallen 30% since the World Cup and debt repayment negotiations began in earnest with the Paris Club. Despite the onda positiva, it’s important to remember that each of these indicators is highly volatile and …