- "It's not that there aren't consumer companies, it's that they're not there in the size and liquidity that most investors want," Nicholas Smithie, chief investment strategist at Emerging Global Advisors tells Barron's.
- Big indices that track Latin America tend to focus on financial, energy, and materials stocks, meaning investors aren't getting much exposure to the consumer sector. That's a shame given that "the purchasing power of the region's five major countries is greater than all of China's middle class."
- Those wishing to tap this potential may want to consider the EGShares Emerging Markets Consumer ETF (ECON) or the WisdomTree Emerging Markets Consumer Growth fund (EMCG).
- As for individual names, Barron's mentions Grupo Televisa (TV), BRF (BRFS), Copa Holdings (CPA), and, of course, AmBev (ABV).