NEW YORK (Reuters) – Don’t be fooled by the Mexican stock market’s slow start to the year. The country’s push for economic reforms and the revival of the economy of its largest trading partner, the United States, are stirring investor interest in Latin America’s No. 2 market.

International fund managers say recent announcements of reforms to Mexico’s education system and telecommunications sector provide a positive backdrop for U.S. investors to keep putting roughly 30 percent of their allocations for Latin America into Mexican stocks and bonds.

NEW YORK, March 18 (Reuters) – Don’t be fooled by the
Mexican stock market’s slow start to the year. The country’s
push for economic reforms and the revival of the economy of its
largest trading partner, the United States, are stirring
investor interest in Latin America’s No. 2 market.

International fund managers say recent announcements of
reforms to Mexico’s education system and telecommunications
sector provide a positive backdrop for U.S. investors to keep
putting roughly 30 percent of their allocations for Latin
America into Mexican stocks and bonds.

NEW YORK, March 12 (Reuters) – Standard & Poor’s on Tuesday
revised its sovereign foreign currency credit outlook on Mexico
to positive from stable, citing government efforts to implement
fiscal and economic reforms.

The current rating is BBB, S&P said in a statement.

“The positive outlook reflects a greater than one-in-three
chance that the government will successfully advance policies to
further strengthen Mexico’s fiscal room for maneuver and
medium-term growth prospects – two key rating constraints,” said
Lisa Schineller, sovereign credit analyst at S&P.