Investor report: Brazil

Investor report: Brazil

Brazil

Since output stalled in 2011, Brazil became the economy that emerging market investors loved to hate. Dismal growth, erratic policymaking and dire stock market performance have been the most widespread complaints. In early September, companies controlled by businessman Eike Batista appeared to be hurtling towards a major restructuring. While that group’s troubles are not representative of other firms, its freefall in the stock market has only served to further tarnish Brazil’s image. Some players are starting to take action: as we examine here, the BM&FBovespa has moved to tackle problems with the country’s benchmark index. Still, the performance of the LatinFinance M&E Brazil Stars inde

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