Download Fox News and Hedgefort Capital Management report: Brazil is in a Class by Itself
India is a democracy that is a high-tech powerhouse. China is a giant with a voracious appetite for raw materials, fossil fuels, and consumer goods but it makes no pretense of political openness. Russia is counting too heavily on petroleum exports, is hardly democratic, and is a risky destination for foreign investment. On the other hand, Brazil has strong democratic institutions and has elected a third president committed to responsible macroeconomic policies. Indeed, Brazil’s programs to give the poorest of its people the tools to share in economic growth has provided a stout defense of democratic populism at a time when populist winds are blowing elsewhere in the region.
Read the full from Fox News and Hedgefort Capital Management here
Marc Fogassa (Hedgefort Capital Management) will be speaking at the Brasil Investment Summit in May, on the panel session ‘Underexplored Brazilian mid and small cap investment opportunities – avoid the mobs and find better returns’.