Feeling the heat in Latin America
The recent 2008 financial crisis casts a big shadow over the other lessons learned from financial meltdowns, which could be just as important for investors. Like the debt crisis in the 1980s in Latin America.
I’m fortunate to work with relationship building within asset management. Therefore, I have learned that we discuss the investment performance during the recent financial crisis at one-on-one client meetings all the time. How did the portfolio management team react? What was learned in the investment process? What happened to the tracking error in the portfolio? Did you have large outflows? What happened to the organization?