Executives bet virtual $50 mln on Latam

MEXICO CITY (Reuters) - Executives taking part in the Reuters Latin America Investment Summit were asked where they would recommend to a friend to sink $50 million in the region as a future investment bet. Below are their comments.

** Carlos Slim, Latin America's richest entrepreneur with an estimated fortune of $30 billion:

"You'd have to pay for that (tip)," Slim said, half laughing. "You have to see if he has more (cash to invest) ..."

"It would be really worth while if there were investment vehicles in Latin America that were really straightforward, proxy type vehicles, things so that unsophisticated investors could put money in something that represent the best of sectors. That is a better answer than saying A, B or C."

** Raul Padilla, chairman of Bunge Argentina, a local unit of Bunge Ltd. (BG.N: Quote, Profile, Research, Stock Buzz), the world's top oilseed processor:

"I am an agro-industry addict, so I would invest in agro-industry without doubt."

** Jorge Brito, chief executive of Banco Macro Bansud BSU.BA (BMA.N: Quote, Profile, Research, Stock Buzz), one of Argentina's fastest-growing banks:

"I would surely invest in Argentina because it is what I know. To invest in Brazil you have to have a local partner."

** Felipe Ureta, chief financial officer of Entel ENT.SN, Chile's No. 2 mobile phone company:  Continued...