Brazil Elections Highlight Economic Challenges

President Dilma Rousseff won the first round of the Brazilian presidential election, but Aecio Neves doing far better than expected as attention now shifts to the run-off on October 26

Ashmore Group 6 October, 2014 | 4:14PM

Aecio Neves, from the centre-right PSDB party, did far better than expected and will now face President Dilma Rousseff in a run-off for the job of president on 26 October. Neves polled 33.8% versus Dilma’s 41.4%.

Marina Silva faded to 21.3% - the same she polled in the previous election. The focus will now be on who Marina supports or does not support in the run-off. Neves polled significantly better than predicted in the polls, suggesting that he now has strong momentum.

He also has funds to finance a strong campaign. The market is likely to be warmly disposed toward Neves, who has already appointed Armenio Fraga, a credible former head of the central bank, as its future finance minister.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author

Ashmore Group  is a specialist Emerging Markets investment manager with more than twenty years' experience in these markets

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies