Reuters, 3/18/2013
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.
“You saw a lot of optimism around elections and the potential reforms,” said Darren Capeloto, portfolio strategist focused on Latin America at Payden & Rygel in Los Angeles. Mexican President Enrique Pena Nieto, in office since December, has managed to reach agreement with opposition lawmakers to push through reforms, the most important of which will be in the state-dominated energy sector this summer.
Posted by mexicoinstitute 
The crisis is captured in the plummeting peso, which has fallen more than 30% against the dollar in the past six months. Yet the feeble peso is only the most visible symptom of what ails the country. The real problem is that in the current global recession, Mexico as a destination for capital has lost most of the limited appeal it once had. And while public dismay offers an opportunity to reform longstanding inhibitions about foreign investment, the political class appears apathetic toward that possibility.
