Hansa Investment Company - Brazil – game-changer or sideshow?

Hansa Investment Company (HAN/HANA) fund manager Alec Letchfield argues that investors should not be overly distracted by the fund’s exposure to Brazil via its c 13% position in maritime services company Wilson Sons (WSON). The holding should be beneficial to overall performance, as the business has proved financially resilient despite the currently challenging world trade environment, and WSON’s share price has recovered from its summer lows, significantly outpacing the recovery in the main Bov...