FN Marktrapporten

Exploring the equitisation of the Brazilian stock market
Columbia Threadneedle

All-time low interest rates in Brazil are driving savings into equities, while deregulation and faster technological adoption are creating high growth opportunities for stock pickers It is true that there is often no free lunch in investing, meaning that high returns often come with high risk. But over the past few decades, Brazilian investors have had the luxury of a free lunch by earning attractive returns on bank deposits with very little risk. Interest rates have averaged 10% over the past 10 years, with the SELIC (Brazilian interest rate) at 14.25% as recently as 2016.


Equity | Brazil