Investment in Brazil recommended
Date added: 29th March, 2010 at 12:25
(view all articles from March, 2010)
Categories: Economy
Making an investment in Brazil has been recommended by a financial advice column in a national newspaper.
According to Joanne Hart, who writes the Midas share tips column in the Daily Mail, people should "have a punt" and make an investment in Brazil.
JPMorgan is creating the Brazil Investment Trust, which is being launched in the coming weeks in order to give people more opportunities to buy shares in companies from the Latin American country.
Ms Hart said the Trust gives investors who are "keen to have a go" an "interesting compromise".
South America specialist Sebastian Luparia is to run the Trust and Ms Hart stated that he has "plenty of experience", adding that Brazil has "enormous potential".
She advised people who are considering making an investment in Brazil to get in quickly.
Billionaire investor Sam Zell recently told Bloomberg that Brazil is the number one country in which to make an investment.
Mr Zell added that he foresees no financial bubble for Brazil's economy.
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