If I Swear to Fall and Variable Income Recovers, You Won't Have an Asset that Carries the Demand, Says Manager

Globo

Lean Right

Factuality

Ownership

With another year down for initial offers of shares (IPO) in the Brazilian stock exchange, if the market recovers there will be no active one that involves the demand of local investors, today totally out of the variable income, according to Christian Keleti, partner-founder and manager of AlphaKey. In a possible alternation of power, with an economic policy that allows to reduce the interest, if only 3% of the local money housed in the CDI migr…