Victor Arakaki, investment director at HSBC Global Asset Management, outlines ten reasons why investors should consider Brazilian equities.
For many people, Brazil is known for football and the upcoming Rio Carnival. However, investors have begun to realise there is a compelling long-term investment story too. Here are some of the key factors. 1 Becoming one of the powerhouses of the global economy The Centre of Economic and Business Research’s latest economic league table showed Brazil has overtaken the UK as the world’s sixth largest economy. US, China, Japan, Germany and France occupy the top five places. The economy of Latin America’s largest country has surged due to a rich base of natural resources and a wealthy midd...
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