The Robert Toigo Foundation

A Top Emerging Market Fund Bargain-Hunts in Mexico and Brazil

Toigo Alumna Luz Padilla knows a thing or two about emerging market crises. She started managing money in the mid-1990s, just before Mexico’s peso crisis (better known as the “tequila effect”) hit, heralding a wave of currency problems. One phrase she learned back then and still bears in mind today: “There’s always more than one cockroach.”

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