European investment in Latin American stocks hits 15-year peak

European investors have significantly increased their allocation to Latin American equities this year, reaching a 15-year high with a net $3.6 billion poured into LatAm-focused mutual and exchange-traded funds. This surge follows a period of net outflows and is attributed to the region's perception as a "safe haven" amid geopolitical crises elsewhere, particularly benefiting from strong commodity prices like copper and oil. The MSCI Emerging Markets Latin America index has risen by 33.4% over the past 12 months, comfortably outperforming the MSCI World index and the S&P 500.