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From Sagar Chakraverty, Opalesque Asia: Otavio Vieira is the director of investments and head of Fund Advisory Services of Safdie Group, which is based in Sao Paulo, and headquartered in Geneva. It is a Swiss private banking and asset management institution with $7bn in AUM and owned by a Brazilian family, that has a very strong presence in Latin America. In a video interview in April-10 with Matthias Knab, the founder of Opalesque, Vieira highlighted several options for international investors to enter into Brazil's expanding and vibrant market, and explains the advantages of the multi mercado funds (Brazilian hedge funds), which are regulated as mutual funds.
Brazil's growth has been fuelled by various factors such as a burgeoning middle class, commodities exports to China, access to capital markets, and strong primary markets. It has the fifth largest stock exchange in the world and IPOs every year. During the 2008 crisis, the country did not suffer any bankruptcy or government bailout due to a well-regulated financial architecture. This largest Latin American country is an economic giant and one of the world's largest democracies. Its natural resources, such as iron ore is in high demand. Through the discovery and development of offshore oil fields, the country has become self-sufficient in oil.
"Brazil now is net creditor... in terms of corporations they are not so lever...................... To view our full article Click here
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