Brazil Property News: Advisor: Property in Brazil offers strong earnings




17th April 2008 12:23


People considering buying property in Brazil could be interested to hear that a leading investment funds firm has said that the Latin American nation offers "strong earnings growth".

F&C assets management also revealed that emerging markets were outpacing the US as the 'driver of global growth'.

Jeff Chowdhry, head of emerging equities at the company, said: "We are very positive on Brazil where we find good valuations and strong earnings growth."

He added: "emerging markets as an asset class are now a bigger contributor to world economic growth than the US in terms of percentage share."

Meanwhile, the head of Latin American research for Riedel Research Group, Ignacio Goni, revealed last week that Brazil was a very attractive place to be for investors in most sectors.

"I see that companies in Brazil are more attractively valued now than they were last year," he added.

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