Business

Brazilian retail investors set to have access to global stocks

With Brazilian investors keen on diversifying, the securities commission will make it easier for them to invest in foreign companies

Brazilian retail investors set to have access to global stocks
Photo: MaD Checkpoint/Shutterstock

Brazil’s lowest-ever benchmark interest rates propelled the number of individual investors trading on São Paulo’s B3 stock exchange to triple to almost 3 million in the past twelve months. Not even the pandemic sell-off and the fact that benchmark stock index Ibovespa remains in the red have scared the newcomers away. At the same time, new Brazilian investors are becoming keener on diversifying, which fuels regulatory responses to make markets more accessible, including foreign assets. In the latest move in this direction, the Brazilian Securities Commission (CVM) has decided to allow ordinary retail investors to purchase Brazilian...

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