Colombia stock market seeks to draw billions in new funds

Colombia hopes to attract billions of dollars to its stock market by listing new assets like real estate investment funds to propel trading now limited to a few dozen companies, the head of the bourse said.

Colombian Securities Exchange President Juan Pablo Cordoba, interviewed for the Reuters Latin American Investment Summit, said there should be at least double the 69 companies trading on the exchange and called for modifying tax regulations to make the bourse more competitive.

Source: Reuters