The Latin American markets are enjoying a period of steady expansion. After 2004's largest growth in regional GDP for twenty-five years, indicators for 2005 / 6 have stabilized around 4%
(IMF). At the same time, liquidity in sovereign debt has significantly increased, encouraged by flat yield curves consistently in excess of 2% over U.S. Treasury bonds of comparable maturity
(Bloomberg). Annual trade in Latin American and Caribbean debt amounted to US $ 2.94 trillion during 2004, representing 63.2% of global trade in emerging market debt
(WFE).
In the context of this activity, we have identified a gap in the way that international financial centres are established and run. The opportunity exists for the strategic development of a new kind of financial centre, that is able to leverage a sustainable commercial advantage by providing a single, well structured and regulated environment for aggregated transactions across the region. And we extend our offer to encompass a lifestyle that takes advantage of all that our locality can provide: outstanding housing, first-rate domestic support, unique sporting and social possibilities.
