BlackRock, Fidelity Bet Big on Brazil’s Booming Equities Market

(Bloomberg) BlackRock and Fidelity are betting Brazil’s world-beating stock surge over the past year has yet to run its course. William Landers, a money manager at New York-based BlackRock, says he entered the year with a “pretty big overweight” in Brazil. Meanwhile, Fidelity’s Will Pruett, who says he was a “Brazil doubter for most of last year,” now expects more gains to come….

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