Macroeconomy/Finance

Brazilian share of funds among Brics falls by half

Brazil’s participation in international funds remains in free fall. In global funds, the share of Brazilian assets fell to just 0.2% in May, from 0.4% in December 2019, according to a study by BTG Pactual. In funds dedicated to the BRICS (Brazil, Russia, India, China and South Africa) the fall was even more pronounced, from 17.4% in December to half, 8.8% last month.

Source: UOL Economia

Categories: Macroeconomy/Finance