|
|
Article: Brazil Well Positioned to Weather Global Financial Crisis and Provides Opportunities for Value Investors, According to BNY Mellon ARX
- Article from:
- U.S. Newswire
- Article date:
- April 6, 2009
CopyrightCopyright 2009 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
|
To: BUSINESS EDITORS
Contact: Mike Dunn, +1-212-922-7859, mike.g.dunn@bnymellon.com,
or Sarah Deutscher, +44-20-7163-2744, sarah.deutscher@bnymellon.com
Reforms, Demand for Commodities Help Build Financial Cushion
NEW YORK, April 6 /PRNewswire-FirstCall/ -- Brazils reforms over
the past decade have helped position the country to weather the
global economic crisis, and several factors suggest that the equity
markets are providing opportunities for value investors, according
to BNY Mellon ARX, the BNY Mellon Asset Management unit focused on
Brazil.
The benefits of the Real Plan of the 1990s, the commodity boom,
and the growing buying power of the expanding middle class have all
contributed to ...