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In search of higher returns, investors are boosting their bets on private equity in Brazil.

In a recent survey of investors, Brazil took the top spot as the emerging market where the most new private equity money will flow this year. In addition to foreign firms, the country’s fast-growing private pension funds are also getting in on the act, having recently been granted more scope to invest in riskier assets.

The country’s attractive economic growth story is given additional lustre by the large investments the country will make to revamp its infrastructure ahead of the football World Cup in 2014 and the Summer Olympics two years later. International investors are also keen on taking part in the exploitation of huge new oil and gas discoveries.

Read more at Financial Services Briefing: “Southern charm” (April 21st)