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Non-Tech : The Brazil Board

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From: elmatador	1/14/2025 2:12:49 PM
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Asset Manager Seeks to Double Brazil Exposure as It Shuns China Change Global Investment plans to hike Brazil exposure to 15% Asset manager moves away from China, realocates across EM By Leda Alvim and Barbara Nascimento January 13, 2025 at 6:31 PM GMT+3 Save Translate Asset manager Change Global Investment LLC wants to double its exposure to Brazilian stocks by year-end as it works to slash China holdings and move into some of the most discounted markets across the developing world. The Washington-based firm is taking advantage of the selloff that made Brazil valuations one of the lowest in emerging markets, said Thea Jamison, managing director at Change Global. She wants to increase exposure to the country to 15%, from a current 7%.

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