Brazil is the ideal place to invest for 2015, if you listen to the market professionals. In an unfortunate turn of events, Brazil’s stock market has dropped some 25% in the last four years. Peninsula House manager John Tsu says Brazil is the ideal place if you want to get stocks on the cheap because of the asset plunge.
Brazil’s temporary marketing weakness can be attributed to government meddling and a steep unloading of commodities. Brazil’s comptroller Jorge Hage was recently ousted due to some improprieties. With the re-election of Worker’s Party nominee Dilma Rousseff, many believe Brazil’s market will be set right. Many analysts tend to favor Brazilian equities and currencies in the long run.
Zeca Oliveira is one hedge fund manager that sees the long-term potential of the Brazilian market. Oliveria heads Bridge Trust administration Resources. He has over 25 years financial marketing experience and is responsible for over $2.5 billion in assets. Oliveira spent 15 years at BNY Mellon in Brazil were he offered his expertise as a hedge fund manager.
Under Oliveira’s leadership, Bridge Trust has just merged with Gradual Investmentos, which also combines a net worth of $6.5 billion. The merger will give way to a cross-selling of products and expanding the loyal customer base. The company also plans to offer customer a number of new and improved solutions and services.
With Brazil’s market being slanted almost exclusively towards commodities, it doesn’t give a great deal of wiggle room. Although Brazil has a ton of oil stocks, many analysts believe investors should steer clear of them for the time being and find other stocks.
One good thing that Brazil has in its favor is that the country has a well-diversified economy. Post war policies, which are still in tact, should spell good news for Brazil in a short period of time.