Alexandre Müller
BTG Pactual
First-place appearances: 1

Total appearances: 5

Team debut: 2008

BTG Pactual’s Alexandre Müller claims the No. 2 spot for a third consecutive year. Brazil is “suffering more in terms of higher inflation and lower growth” than other countries in the region, the São Paulo–based strategist observes, and the majority of Brazilian companies with outstanding bonds are exporters dependent on global commodities prices. Nonetheless, he does have a few recommendations, including Banco BMG’s 6.5 percent 2014 Eurobonds. The Belo Horizonte–based financial services firm should enjoy strong growth thanks to the joint venture it established with Itaú Unibanco Holding last year. Also recommended: the 8.25 percent 2019 Eurobonds of Construtora OAS, a construction and engineering outfit headquartered in São Paulo that is poised to benefit from the rising demand for infrastructure projects. “I enjoy his broad and complete coverage of the country’s issuers,” hails one impressed ally. — Carolyn Koo