Brazil 'one of the most popular countries' for private investors
Date added: 7th April, 2009 at 09:32
(view all articles from April, 2009)
Categories: Economy
Brazil is one of the most popular countries in the world for private equity investment, a new survey has discovered.
According to a poll carried out by the UK-based company Coller Capital, 78 per cent of investors plan to commit funds to emerging markets in the next five years, with China and Brazil being the most favoured destinations.
Meanwhile, almost half of the 158 people surveyed said they plan to invest in such a way within the next two years.
Coller Capital partner Erwin Roex said: "This increased investor confidence stems not only from the prospect of stronger growth in emerging economies, but also from the increasing maturity of the sector."
He added in an interview with the Financial Times that Brazil's huge natural resources, its stable political atmosphere and its pension funds are encouraging investors to place their assets in the Latin American country.
Last month, finance minister Guido Mantega said that Brazil will be the first country in the world to recover from the economic downturn currently affecting much of the globe.
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