Billionaire Japanese market appears to be a very promising field for the resource managers in Brazil. The latest move is the Bradesco Asset Management (Bram), which launches this week a portfolio of Brazilian equities smaller (small caps) for the Japanese retail. The idea is to capitalize on the success of the other two funds launched inContinue reading “Bradesco launches new fund in Japan”
Tag Archives: Brazil
Brazil on the PBS Newshour
Here in the United States, the Newshour (previously the McNeil/ Lehrer Newshour) is a very well respected news source because it is a public television (and therefore more objective and less commercial) source of information. There is a series on Brazil running next week, with the first report today. The link is below. The correspondentContinue reading “Brazil on the PBS Newshour”
On the topic of Brazilian Wealth
ITAU UNIBANCO Equity Strategy: Riche Comme un Brésilien The expression “riche comme un Argentin” became popular in Paris, at the end of the 18th century, and continued to be used until the early 1930s. The phrase was generally used to describe any wealthy individual, suggesting he or she was as rich as an Argentine—this wasContinue reading “On the topic of Brazilian Wealth”
Brazilian millionaires
Brazil has 127k families with net worth above US$1mn, according to Boston Consulting Group research just made public recently. This means that Brazil is 17th in the ranking of countries with the most millionaires. The US ranks 1st with 4.1mn households, Japan comes in 2nd, and China, 3rd. India and Brazil, together with China, are the only emerging markets on the 20-countryContinue reading “Brazilian millionaires”
More M&A in Petrobras plans
REUTERS./REVISTA EXAME Rio de Janeiro-The president of Petrobras, Jose Sergio Gabrielli, said this Monday that the company should increase in ethanol production through acquisitions. “We had a different strategy before. Now we have changed. Our strategy was through greenfield (new plants). Today we intend to grow our production mainly through acquisitions, “Gabrielli said in anContinue reading “More M&A in Petrobras plans”
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