Brazil College Stocks Give Reprieve From Ibovespa Swings (Businessweek – 13/10/2014)

Brazil College Stocks Give Reprieve From Ibovespa Swings (Businessweek – 13/10/2014)


Education companies have benefited from the expansion in student loans championed by President Dilma Rousseff, an initiative that will continue no matter who wins the runoff vote Oct. 26, according to Canepa Asset Management and Quantitas Asset Management. Shares of companies such as Petroleo Brasileiro SA (PETR3) and Banco do Brasil SA are more dependent on the outlook for the election, with investors wagering that challenger Aecio Neves would be better for the shares than Rousseff.

Brazil College Stocks Give Reprieve From Ibovespa Swings (Businessweek – 13/10/2014)