Bridgewater’s Bet on Brazil

The world’s largest hedge fund sees tremendous growth potential in Brazil’s economy and thinks it will be “the strongest in the world” in 2020. This according to an article in Chief Investment Officer. In a March letter to clients, the firm reportedly said that Brazil should be well on the path to recovery after a 2015-2016 recession, adding, ” “Given that pricing already discounts extreme weakness and mismanagement, we think there is considerable room for… Read More

Mobius: A Lot to Like in Brazil

Templeton Asset Management’s Mark Mobius is bullish on Brazil, saying a number of factors are making the Latin American giant an attractive spot for investors to look. “The country’s motto ‘Ordem e Progresso’ (Order and Progress) is finally being realized after an economic history that hasn’t always been very orderly,” Mobius writes on his company blog (tip of the cap to for highlighting the piece). “Inflation, with percentages running into the thousands in the… Read More

Mobius Sees Euro Crisis Ending Mid-2012

Templeton Asset Management’s Mark Mobius says the European debt crisis isn’t as bad as many believe, and he expects it to be resolved in mid-2012. “The European crisis isn’t as deep and terrible as people think,” Mobius told the Brazilian newspaper Valor Economico, according to “Nations there are in a process of negotiations and that takes time.” Mobius added that the size of derivatives contracts tied to European government debt is a real risk… Read More

Mobius Still Likes Brazil

Templeton Asset Management’s Mark Mobius says Brazil is continuing its solid recovery from the global recession, and remains an attractive place to invest. In a piece written for the U.K.’s Citywire, Mobius detailed a recent trip to Brazil during which he examined several businesses. “These visits and others we recently made in Brazil indicate a favourable business environment with continued growth,” Mobius writes. “Our focus on commodity and consumer oriented stocks is still viable and… Read More