Wednesday, January 22, 2014
Sebo nas Canelas do FDI Escaldado
Pimco’s Brazilian Love Affair Ends Decade After Lula Bet. After the country’s real-denominated debt plunged 13.6 percent last year, more than the 9 percent average decline for developing nations, Pacific Investment Management Co.’s chief investment officer said Jan. 15 that Brazil was no longer a preferred market. His $237 billion Total Return Fund cut Brazilian assets to 3.27 percent in December from 4.18 percent three months earlier, its most recent investment.