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Macro Finance

Lula's Brazil Election Win Deepens Latin America Stock Fund Collapse

Bloomberg Markets·October 28, 2026·1 min read

Lula's re-election in Brazil triggered a rout in Brazilian stocks, deepening a collapse in Latin America equity funds. More than 400 equity funds have already disappeared and IPOs remain on ice, with the election result worsening an already fragile investment landscape. Investors face mounting losses as political uncertainty weighs on regional markets.

Read at Bloomberg Markets
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