Brazil Finance Chief Cautiously Embraces His Rising Star Status

  • Two-thirds of investors approve of Fernando Haddad in new poll
  • Finance minister has bridged gaps between markets and Lula
Fernando HaddadPhotographer: Andressa Anholete/Bloomberg
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Less than a year after they expressed deep concerns about his appointment as Brazil’s finance minister, investors are suddenly smitten with Fernando Haddad.

That star turn, illustrated by a new poll that found broad market approval of Haddad, has inspired both celebration and caution inside the Finance Ministry, according to two people close to the minister.