RIO DE JANEIRO, BRAZIL - The development of the capital and investment market in Brazil as well as the explosion of tech startups and IPOs with all the new young millionaires that come along with it has attracted the attention of foreign wealth managers.
The Swiss, in particular, are showing a willingness to capture a piece of the growth that is emerging with the greater trend of internationalization of Brazilians amid historically low-interest rates.
The French writer and philosopher Voltaire created more than 300 years ago the saying, "...if you see a Swiss banker jumping out of the window, jump . . .
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