The March inflation numbers, which came in well above consensus expectations, once again increased the market’s distrust that the Central Bank will be able to meet its goal of ending the cycle of interest rate hikes at the next Monetary Policy Committee (Copom) meeting in May. The skepticism of financial agents was reflected in the […]
After investors migrated en masse from riskier strategies to fixed income as interest rates rose, they may now feel they have left money on the table. Those who left the macro hedge funds, funds in which managers base their positions according to the several economic scenarios, will look in the rearview mirror and see average […]
Belgian multinational Solvay is expected to receive bids for Coatis in the coming weeks, sources say. The solvents division, which has headquarters and manufacturing activities in Brazil, has drawn interest from investment funds operating in the country, in addition to foreign competitors. The business is valued at about R$2 billion and is the target of […]