Rogerio Poppe, fund manger of BNY Mellon's Dubin-domiciled Brazil Equity Fund, believes optimism about Brazil's investment potential is well founded and outlines opportunities at sector level.
Poppe is optimistic about prospects for long-term earnings growth for Brazilian companies. "At the sector level, we believe banks may currently offer potentially attractive investment opportunities. Our main source of optimism lies in the belief that banks' earnings will not be as adversely affected by regulatory changes as recent share price declines might suggest," explains Poppe. Infrastructure related sectors are also favoured by Poppe. "Looking at the market, we believe some potentially attractive opportunities may be found in infrastructure-related sectors. We expect the government...
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