GLOBAL - A new Fitch Ratings special report that ranks countries by their vulnerability to financial contagion says Latin American sovereigns are among the most vulnerable.
Excluding Argentina, Brazil and Turkey - three countries which have been mired in a financial crisis for some time and could in fact be the future source of contagion - the top 10 most vulnerable emerging market economies include Colombia, Uruguay, Venezuela, Panama, Mexico and El Salvador while Chile and Peru have more comfortable external financing positions.
Non-Latin countries, such as Lebanon, Tunisia, the Ukraine and Romania figure in the top 10 most vulnerable.
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AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.