BlackRock, Fidelity Bet Big on Brazil's Booming Equities Market
BlackRock Inc. and Fidelity Management & Research Co. 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…
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