LATAM Stocks Podcast

Brazil’s election result has put fiscal policy, debt sustainability, and the Brazilian real back at the center of investor attention. In this episode of LATAM Stocks, Patrick Flood speaks with Dr. John Welch about the market reaction to Lula’s victory and the broader macroeconomic backdrop facing Brazil. The discussion covers the deterioration in fiscal balances, the risk of a Dilma-style pain trade, the limits of political reform, and the pressure that high interest rates and weakening fisca...

In this episode of LATAM Stocks, Mathias Althoff, Co-Head of Emerging & Frontier Markets and Senior Portfolio Manager at Evli, joins Patrick Flood to discuss investment opportunities in emerging and frontier markets, with a particular focus on Brazil. Mathias explains how the fund identifies overlooked companies offering attractive growth prospects, strong business fundamentals, and compelling valuations. The conversation covers portfolio construction, country selection, currency and poli...

Alexandre Vasarhelyi, Founding Partner of B2V Crypto, joins LATAM Stocks to discuss Bitcoin, cryptocurrency investing, and the evolution of digital asset markets in Brazil. Alexandre draws on decades of experience in traditional financial markets to explain his Bitcoin investment thesis and how B2V approaches active cryptocurrency management. We spend considerable time discussing Strategy's preferred stocks, particularly STRC and STRK, their credit risks and valuations, and Michael Saylor's a...

What does the next phase of Brazil’s banking cycle look like for Bradesco? In this episode of the LATAM Stocks Podcast, Patrick Flood, CFA speaks with Ilan Arbetman, CFA, Head of Research at Ativa Investimentos, about Brazilian equities and takes a deep dive into Bradesco. They discuss Brazil’s broader equity-market environment, foreign investor flows, the country’s credit and delinquency cycle, and how Bradesco is positioning itself for the next phase of the banking cycle. The conversatio...

Brazil has roughly R$11 trillion invested across its fund industry, but the way Brazilians allocate capital looks very different from the traditional stock-and-bond portfolios familiar to many U.S. investors. Danilo, founder and CTO of Mais Retorno, joins the podcast to explain Brazil's fund industry, why CDI and fixed-income products dominate investor portfolios, and why equities face such a high hurdle when short-duration investments offer attractive yields. We also discuss Brazil's emergin...