Colombia: The market has already cast its vote for the runoff election

After the first round, Colombian assets were driven less by the known results than by the scenario the market began to price in: a higher probability of a right-wing victory in the runoff. The rally was swift, but not necessarily definitive.

June 5, 2026 - 1 month
Telefónica Chile: between financial pressure and a market with no safe haven

The paradox is evident: its assets have value, its brand is recognized and its infrastructure is relevant, but the competitive environment and its financial structure make it unviable without a profound reconfiguration.

July 4, 2025 - 1 year