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Singapore Wealth Fund GIC ‘Hopeful’ on Ambitious Brazil Pension Plan

  • Brazil assets could be cheap if government passes reforms
  • GIC sees opportunities in sectors from healthcare to education
Brazilians Prepare For The World Cup As Country's Performance May Shape October's Election
Photographer: Patricia Monteiro/Bloomberg
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Singapore’s sovereign wealth fund GIC Pte has grown more optimistic about Brazil.

Latin America’s largest economy may offer investment opportunities in sectors from healthcare to education and gas pipelines if it keeps inflation under control and reduces interest rates, according to Lim Chow Kiat, the fund’s chief executive officer.