Otavio Vieira is Director of investments and Head of Fund Advisory Services of Safdie Group and based in Sao Paulo, Brazil.
In this interview, Otavio explains the macro drivers that contribute to Brazil's sustained growth as an economy. Brazil, currently the 8th largest economy, will be the fifth largest economy within the next 10 or 15 years.
Apart from the expanding middle class, Brazil benefits from the continued demand for its commodities (iron ore). Capital markets evolve in great strides, already now its exchange is the fifth largest in the world, in 2008 Brazil was #3 in IPO volumes globally. During the recent financial crisis, the country did not suffer any bankruptcies or government interventions like most Western countries.
Otavio explains the options and vehicles international investors can chose to invest into this expanding and vibrant market, and explains the advantages of Brazilian hedge funds, the multi mercado funds which are in fact regulated as mutual funds.
Brazil the fifth largest country in the world both in terms of landmass (8.55 million sq km) and population (193.7 million).
Brazil is an economic giant and one of the world's largest democracies. Its natural resources like iron ore remain in high demand. Through the discovery and development of offshore oil fields, the country has become self-sufficient in oil.
