More Than A Barrel Trade: Brazil
FTSE Brazil has outperformed FTSE All-World and FTSE Emerging by 36.2% and 36.4% over the past 12 months, supported by strong fundamentals and attractive valuations. Brazil trades at a discount to All-World and other emerging market peers despite having a similar return on equity.
FTSE Brazil outperformed FTSE All-World and FTSE Emerging by 36.2% and 36.4% over the past 12 months. This performance was supported by strong fundamentals, attractive valuations, and a resilient domestic backdrop. Despite this outperformance, Brazil trades at a discount to All-World and other emerging market peers. Brazil's net oil exporter status offers resilience in the face of supply shocks, cushioning the domestic economy and equity market. FTSE Russell is a global provider of index and benchmark solutions. Brazil has a similar return on equity compared to its peers.
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