30.09.2009 - Brazil’s biggest fund manager bets on commodity rally
From Bloomberg: Oil prices and Brazilian stocks have room to rally as investors underestimate the speed of the global economic recovery, said Joao Ayres Rabello, the president of BB DTVM, the nation’s biggest asset-management firm. Real estate companies, which have more than doubled this year, and raw-material exporters may be poised for the biggest advance among Brazilian stocks, said Rabello, who oversees the equivalent of $167 billion in assets at BB DTVM, the asset- management arm of Banco do Brasil SA.....................Full Article: Source
Print