No home advantage for Brazilian equity investors

We’ve written before about the negative impact of home bias in equity investments for global pension schemes. In a nutshell, being overweight local stocks has hampered institutional investors’ returns in every country we analyzed over a last decade, with the notable exception of the US.

Home disadvantage has been particularly pronounced in Brazilian pension fund equity allocations, which had serious implications for savers.

You can now read the full blog post at the link below