Brazil is emphatically proving to be the best place to invest, going by reports from to one of the prominent hedge fund companies in the world. According to billionaire investor and former Head of investments at FIG(Fortress Investment Group), Gareth Henry , the South American economic superpower has lots of great investment opportunities in store than ever before. The Forbes billionaire notes that by simply analyzing the Brazilian currency and the country’s equity market, it is quite evident the nation has made fantastic trades and the positive trend is likely to continue even after the election. His remarks echoed similar comments made by Mike Novogratz, Fortress executive, in earlier May. Mike had insisted that the national economy will even be stronger notwithstanding the leadership change after election.
Gareth Henry further cited Scotland and Japan as other prospective investment destinations this year. In particular, the financial guru explained how the recently announced economic reforms by the Japanese government will enable the nation record some enormous trades this year, just like the Asian nation did in the previous year.
Referring to the economic future of Scotland after the flopped independence referendum, Gareth Henry explained how the turmoil revolving around the failed referendum will create great trading opportunities for the tiny European nation alongside its trading partners. Before the independence vote, Gareth opines how the uncertainty surrounding the vote would ruin the nation’s trading and investment opportunities. Nevertheless, the outcome will help retain investors who would have fled the country after the vote. As a result, the outcome doesn’t really pose any challenge to the Scottish economy.
Asked to predict the economic future of various nations in a recent exclusive, Gareth Henry said that predicting the economic future of any nation can be difficult even for seasoned economics and financial experts. But for Gareth, predictions are supposed to consider what a nation expects to undergo in the coming 12 months. Furthermore, the investor urged experts to take into account the ongoing global events while submitting their predictions, insisting that no single happening in any country can determine its economic future, and that any nation’s economy is vulnerable to the global economy.