Most Brazil Stock Funds Missed the Rally Right in Their Backyard

  • As Rousseff impeachment nears conclusion, locals ready to buy
  • Local fund purchases may bolster index as foreigners retreat

Markets Seek Clarity on Hopes of Brazil Economy Revival

Brazilian stock funds largely missed out on this year’s world-beating rally and are piling into local equities now, a move that some analysts and investors say will prop up the market just as foreigners retreat.

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