Sunday, 16 August 2026 · World
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EUROS The World Financial Report
Nº 36 Sunday, 16 August 2026 · World Edition
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Emerging Markets

Wellington Buys Sabesp: US$1.3 Trillion Manager Goes Underweight US, Overweight Brazil

The Rio Times · 4h ago · 🇧🇷 Brazil
Wellington Buys Sabesp: US$1.3 Trillion Manager Goes Underweight US, Overweight Brazil

US$1.3 trillion asset manager Wellington has bought shares of Brazil's Sabesp, placing it among its top-10 positions. The move reflects a cautious global stance, underweighting the US while betting on Latin America's largest water utility. The post Wellington Buys Sabesp: US$1.3 Trillion Manager Goes Underweight US, Overweight Brazil appeared first on The Rio Times .

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