Brazil Takes Big Reform Step (Franklin Templeton)

Pension funding has been an issue in many parts of the world and has certainly been a hot topic in Brazil. President Jair Bolsonaro’s election ignited market optimism on promises to reform pensions to get Brazil’s fiscal house on a firmer footing. The probability of this being delivered has increased considerably after approval of a new pension reform bill in Brazil’s lower Congress. Franklin Templeton Emerging Markets Equity’s Gustavo Stenzel and Marcos Mundim weigh in on what the breakthrough means for the country, and for investors. READ MORE

Similar Posts:

• COVID-19: A Positive Tipping Point for Some Brazilian Banks? (Franklin Templeton)
• Brazil: Worth a Closer Look (Franklin Templeton)
• Mark Mobius’ Contrarian Case for Investing in Brazil (Mobius Blog)
• Local Investors Discover Brazilian Stocks (Franklin Templeton)
• Conservatism Grows in Brazil, Despite Leftist President’s Win (Wall Street Journal)
• Invesco Manager: Brazil a “Sinkhole of Corruption Still Searching for a Bottom” (Forbes)
• Investor Sentiment Survey: What Emerging Market Investors Think (Franklin Templeton)
• Brazil’s Giant Problem: The State (WSJ)
• Brazil’s Middle Class Feels Recession Pains (CNN Money)
• Aberdeen LAQ Manager: Brazil “Looks to be Slipping Into a Recession”
• Emerging Markets in the East Converging With Developed Markets in the West (Create Research)
• GAM’s Love: Emerging Markets Might Double Your Money Over Four Years (FE Trustnet)
• Relaxed Financial Markets Look at Lula’s Comeback (Amundi)
• Mark Mobius’s Favorite Emerging Markets: Indonesia, Russia, Brazil, Vietnam and South Africa (WSJ)
• “Fragile Five” Emerging Markets No Longer That “Fragile” (AP)