Fueled by October’s substantial 11.2% upturn in the Ibovespa, Brazilian equity funds were atop the industry’s return rankings, also recording the industry’s highest year‐to‐date returns.
Despite Brazil’s malaise, Mobius sees medium-term recovery
March 11, 2015 by
Longtime emerging markets investor Mark Mobius says this may be time to buy Brazilian stocks, given their low prices and the likelihood of Brazil’s economy improving over the medium term.
