Brazil hits rock bottom – it’s time to buy

A corruption scandal at the national oil company has frightened away investors. Andrew Van Sickle looks at two cheap funds to buy into Brazil.

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Much of the economy is tied into Petrobas

Not long ago, Brazil was seen as one of the emerging world's most promising markets. Now investors have started to think of it as a "Latin American sinkhole", says Mac Margolis on bloombergviews.com. Things are going from bad to worse.

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.