Mexico? Yes, Mexico
Overview
Our neighbor to the south has undergone a transformation of sorts. Mexico is no longer an economic weakling, having become a global player even in the face of the Great Recession and the rise of China, a trade competitor. Mexico’s progress seems not to be garnering the level of investor interest we think it deserves. Why not? Some U.S. Trust clients say they remain distracted by the country’s shaky financial past; others by the drug cartels that operate there today. We believe, though, that after looking more closely at Mexico, many investors will reconsider.