Safe and sound--sort of.Wealthy Latin Americans This is a list of notable Latin American people. In alphabetical order within categories. Actors
prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a study compiled by U.S. investment bank Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. and French consultancy Capgemini. It's not that Latin America's super-rich have less money; Latin America's upper crust tends to be richer than the elite in most other parts of the world. Yet they tend to invest less in volatile emerging markets, parking more instead in stable, lower-risk instruments like debt. The exception is alternative investments, such as art and hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" .
financial assets
Global Latin America
alternative
investments 14% 25%
equities 34% 18%
real estate 13% 10%
fixed income 27% 33%
cash/deposits 12% 14%
SOURCE: Merrill Lynch, Capgemini
Note: Table made from bar graph.
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