Economy / Brazil
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Capital Market Reform On The Horizon
August 2008 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: Plans are afoot to relax trading regulations on equity and fixed-income assets in Chile, in a bid to boost volumes and create a more attractive environment for investors. While we await a more extensive blueprint on the proposals, we are largely encouraged by efforts to deepen the country's capital markets, especially the promotion of more sophisticated derivative products. However, we caution that an initial public offerings (IPO) rush could lead to inflated valuations, which could in turn temper potential gains going forward.