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Brazilian markets are getting slammed, and Wall Street firms are hurting (EWZ)
|05/18/2017||Posted by BusinessMediaguide.Com under General World News||
And some of the biggest firms in finance are potentially getting hurt.
The biggest exchange-traded fund focused on Brazil is the iShares MSCI Brazil Capped ETF (EWZ), with more than $5.8 billion in assets.
As of mid-day Thursday, the ETF has fallen more than 16%, according to Markets Insider data.
As of March 31, some of that ETF’s biggest holders included:
- Bridgewater Associates
- Morgan Stanley
- Goldman Sachs
- Credit Suisse
- BNP Paribas
- Bank of America
- State of Tennessee Treasury Department
That’s according to regulatory filings analyzed by Bloomberg.
To be sure, these positions may read more >>>