Fynsa
Looking ahead to 2026, Chile continues to stand out for its attractive risk-return ratio. Improved terms of trade, greater macroeconomic stability, and still attractive valuations position us for another positive year for local assets.
The superior performance of ex-US markets in 2025 would extend into 2026, especially in emerging markets, also leveraged by a weaker dollar and more attractive relative valuations.
Recent events in the international market serve as a reminder that, beyond expected returns, private debt requires in-depth analysis of risks, selectivity, and actual cash flow generation capacity in different economic scenarios.
The new report from Bain & Company warns that, although progress is rapid and investments are growing, mass adoption will still require time, testing, and strategy.
