Igor Cornelsen began his career at an investment bank in Brazil. The year was 1970, and he had just completed his studies in engineering and economics. He attended the Federal University of Parana.
A short time later, he was offered a position as an investment banker at Multibanco, a banking institution in Rio. He served on the Board of that bank, and in 1976 he was named its CEO. Igor Cornelsen held this position for 2 years. He left Multibanco when it was acquired by Bank of America in 1978. He continued to make a name for himself as a successful investment banker, and in 1995 he started his own investment advisory firm. Read more about Igor Cornelsen at Resumonk
As a part of his investment style, one of his daily habits is to keep a close eye on the international news and the stock markets. He analyzes the companies in his fund portfolio, and those that he considers to be a good investment, Igor Cornelsen sells and gets out of distressed or deteriorating areas, and looks to buy in the improving areas. This has frequently helped him identify market trends, ahead of others.
An example of this type of foresight occurred in 2010. He disposed of all of the assets he was holding in Brazil. He anticipated that economic changes would occur, as a result of unfavorable government policies that were to be set forth there. His decision to do so was made well ahead of that made by most of the other expert investment advisors.
Mr. Cornelsen prefers to do his own research and analysis. He follows Reuters for what he believes is the most accurate information. He does not rely on the financial advice of others. His advise to young fund managers just starting out, is to gather all of the information that they possibly can. They should then do their own research and analysis, and act accordingly.
Learn more about Igor Cornelsen at https://affiliatedork.com/economic-confidence-is-improving-in-brazil-according-to-igor-cornelsen