Quality Growth Boutique

Brazil: The Moment of Truth

Viewpoint
Emerging Markets

Brazil has sold off as the market fears the country is in trouble. If the huge pension program is not reformed, it will add expense to a budget already in deficit – and reform has proven extremely difficult. On top of this, there will be a new President elected in October. The race is so open and full of new and anti-establishment candidates, there is a fear that reform may languish along with the country’s finances.

In our latest Viewpoints paper, Brazil: The Moment of Truth, Portfolio Manager David Souccar looks around this corner and explains why we believe whichever government wins, it will have little choice but to reform.

Request content

Quality Growth Boutique
Turning Stones Blog
Emerging Markets

ESG: Can social and short-term investors co-exist?

Get Social, ‘S’ from ESG, wrong and a company stands to lose customers and employee loyalty, and damage value of the business. The priority of owners in how socially responsible investments are made, and the expected returns, are key. Liquid markets can deliver rapid change in ownership. Can the two coexist? Owners are as much part of the solution as part of the problem.

Read more