Fynsa
Active management continues to make a difference in the U.S. dollar-denominated fixed-income market, supported by solid fundamentals and opportunities among high-quality Chilean issuers.
Has the corporate debt market in Chile rebounded in recent months? We believe so.
Given the current market conditions, we expect to see sharp drops in interest rates during the second half of the year or early next year. Therefore, holding positions in these issuers would yield additional capital appreciation gains, in addition to the annual carry from interest accruals.
