Brazil in Spotlight as Appetite for Latin American Stocks Rises
- Santander, Bank of America surveys place country as top pick
- Argentina also favored choice of investors after 2018 wipeout
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Brazil is the country of the future, or of 2019 at least, money managers say.
Stocks in Latin America’s biggest economy will be the top performer in the region this year, according to 68 percent of respondents in a survey of investors that attended Banco Santander’s annual Latin American CEO conference. Another January survey by Bank of America Merrill Lynch showed about 90 percent of respondents expected the country’s stock gauge ending the year above current levels.