A Brazil Fund through which foreign investors will be able to buy stocks in Brazilian companies should start operating in about two months the Securities and Exchange Commission said. A spokesman tolds that four institutions in the United States were interested in participating in the Fund -- Merrill Lynch and Co Inc Salomon Brothers Inc the IFC and the First Boston Corp. The spokesman said the Fund approved last December was expected to attract about 100 mln dlrs of investments.
BRAZIL FUND SHOULD START OPERATING SOON