Los mejores días del mercado suelen aparecer en medio de las mayores caídas. Intentar anticiparse puede tener un costo mucho mayor que mantenerse invertido.
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.
In fixed income, we remain convinced of the merits of UF-indexed strategies, where inflation-linked returns continue to outperform nominal alternatives. In equities, valuations below the 10-year average and the lag in returns relative to Latin America present an opportunity to position oneself ahead of a potential de-escalation of the conflict and the passage of pro-investment reforms promoted by the current government.