|
Brazil-based hedge fund managers, fund of funds and family office believe the country is now getting ahead of the pack compared to its emerging market peers.
Brazil has enough foreign reserves to pay down all the public foreign debt. This is the first time the country is in such a condition.
In the last crisis in 1998, China was the only country which had sound fundamentals and they could maneuver their monetary policy to keep the country growing, despite the fact that all of the economies in the region were going down by 10% or 15% in GDP. Managers believe that this time Brazil has exactly the same characteristics.
Read more in this brand new Opalesque Brazil Roundtable: | 
