Do political, economic woes make Brazil a bad place to invest?

This article was originally published at Benefits Canada.

As the country grapples with political and economic troubles, is it a bad time to invest in Brazil?

For some investors, the country does offer opportunities. “Brazil, during this period of difficulty, presents a lot of value to us,” says Louis Lau, director of investments at investment advisory firm Brandes Investment Partners. “We see the earnings for many companies as depressed. . . A lot of the valuation has become very cheap.”

Brazil’s woes have been piling up with the country facing a recession and President Dilma Rousseff fending off efforts to impeach her. As early as this week, the federal Senate will determine whether Rousseff will undergo a trial that could lead to her ouster.

Read the full story at Advisor’s sister publication, Benefits Canada.

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