BlackRock Latin American Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9562677
Fifi By fifi35 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=9562677&action=detail Sat, 21 Apr 2012 08:29:00 GMT fifi35 tag:iii.co.uk,2003:tst.8940117 http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=8940117&action=detail Fri, 11 Nov 2011 17:11:00 GMT knight1307 tag:iii.co.uk,2003:tst.8215771 Am thinking of topping up seeing as I am down 11%
Any thoughts?

Fifi By fifi35 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=8215771&action=detail Fri, 06 May 2011 10:43:00 GMT fifi35 tag:iii.co.uk,2003:tst.7798146 More importantly,it is good to see some kind of recovery carrying on today and I will continue to hold this one in my SIPP.Have taken a bit of profit from some of my Asian holdings and am sitting on the sidelines at the moment deciding where to invest the proceeds.HO Hum!

Best Wishes and good luck! By dregor ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7798146&action=detail Mon, 14 Feb 2011 13:57:00 GMT dregor tag:iii.co.uk,2003:tst.7797294 http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7797294&action=detail Mon, 14 Feb 2011 12:16:00 GMT fiddling dick tag:iii.co.uk,2003:tst.7796280
I've just received the following from the fund manager:

"Performance
For the month of January 2011, the Company posted a 8.8% fall in its NAV
while the shares fell by 6.9% (all in sterling terms). This trailed the
-6.6% return posted by the Company’s benchmark, the MSCI EM Latin America
Index.
The underperformance versus the benchmark during the month stemmed
primarily from stock selection in Brazil. Overweight positions in beverage
name Ambev, Banco Itau and an underweight position in Petrobras detracted
from performance. OGX suffered from timing disappointments around a
potential farm-out in their Campos basin and Cyrela, along with the
homebuilding sector, has been penalized because of the interest rate hiking
cycle. The underperformance was partially offset by an underweight in
Chile, an off-benchmark position in Colombia and stock selection in Mexico.
Transactions/Gearing
During the month, we added to utility exposure in Chile; financials, energy
and homebuilders in Brazil; and off-benchmark Argentina. These moves were
funded by reducing exposure to Mexican mining; financials and mining in
Peru; and Brazilian mining and utilities.
Positioning
The first month of 2011 saw volatility from a few sources. The region
suffered in early January from fears and concerns around strengthening
currencies. Later in the month there was some volatility around the new
interest rate hiking cycle in Brazil. At the end of the month, unrest in
Egypt was creating volatility in emerging markets. We remain positive on
the prospects for Brazil in 2011. Chile remains underweight, Mexico
remains a neutral weight due to the gearing and we continue to be
overweight off-benchmark countries. We are using the current volatility as
a buying opportunity as we believe inflation concerns are overblown.
Overall, the fundamentals for the region remain strong, valuations remain
compelling and earnings growth ranks among the best in the world."

I was impressed by this response which I think is detailed and comprehensive. Also, it seems that the share price has recovered quite a bit over the last 2 trading days. By JohnOfYork ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7796280&action=detail Mon, 14 Feb 2011 10:18:00 GMT JohnOfYork tag:iii.co.uk,2003:tst.7772070 The pain continues as emerging markets and Asia all take a tumble. By dregor ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7772070&action=detail Thu, 10 Feb 2011 09:37:00 GMT dregor tag:iii.co.uk,2003:tst.7766401 http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7766401&action=detail Wed, 09 Feb 2011 15:07:00 GMT dregor tag:iii.co.uk,2003:tst.7765056 http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7765056&action=detail Wed, 09 Feb 2011 13:08:00 GMT transalp94 tag:iii.co.uk,2003:tst.7761390 http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7761390&action=detail Wed, 09 Feb 2011 08:16:00 GMT allthatglistens tag:iii.co.uk,2003:tst.7760543
S.P. is down about 13% odd over the last month and just out of interest,my other 'emerging market' funds are down about 7% over the same period and my 'asia pacific' funds down about 5.5%.
Let us hope John of York gets a reply from Blackrock so we can hear their view on what is happening in Brazil( mainly) and as you say HOF,what they are doing about it......if anything! By dregor ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7760543&action=detail Wed, 09 Feb 2011 06:49:00 GMT dregor tag:iii.co.uk,2003:tst.7759107
From the RNS listed by iii

the reason the share price has fallen is that the net asset value has fallen. Just compare the NAV prices and the share prices for the last month. If the NAV falls the share price must fall.

The question we should be asking is why are the shares owned by Blackrock falling in value and what are blackrock doing to correct this.
By handoverfist ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7759107&action=detail Tue, 08 Feb 2011 20:15:00 GMT handoverfist tag:iii.co.uk,2003:tst.7758106 http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7758106&action=detail Tue, 08 Feb 2011 17:29:00 GMT dregor tag:iii.co.uk,2003:tst.7757201 http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7757201&action=detail Tue, 08 Feb 2011 15:41:00 GMT fiddling dick tag:iii.co.uk,2003:tst.7754303 I hope they are honest and not just going to issue a bland catch all statement. By dregor ]]> http://www.iii.co.uk/investment/detail?code=cotn:BRLA.L&display=discussion&id=7754303&action=detail Tue, 08 Feb 2011 10:45:00 GMT dregor