Igor Cornelsen is a semi-retired investment banker. He was born in Curitiba, Brazil, in 1947. He wanted to be an engineer so he decided to attend the Federal University of Parana. He stayed on this course for two years before deciding to switch his major to economics. He graduated with a degree in economics in 1970 and found a job at a local investment bank.
Before long Igor Cornelsen moved to Rio de Janeiro. He joined Multibanco’s board of directors in 1974 and was named the new chief executive officer of this firm just two years later. When this firm was purchased by Bank of America a few years later he decided to resign from this position and seek his fortunes elsewhere. He found a new position at Unibanco, another investment banking firm, and stayed with this company until 1985.
His next stop was Libra Bank PLC. As this was a London Merchant Bank it meant that he was no longer paid in Brazilian real but instead in American dollars. This change meant that he could invest his money internationally which he took full advantage of. He stayed with this investment bank until 1995 which is the year he decided to open his own investment firm.
Igor Cornelsen now splits his time between Florida and Brazil. He continues to manage his own investments and also has a side business where he manages some clients investments as well. He spends a lot of his time on golf which is a passion of his. He says he gets up early every workday so that he can start following the European stock markets. He follows international news throughout the day and does research into specific companies. Based on what he learns he will adjust his portfolio.
He says that he sold all of his Brazilian assets in 2010. The impetus behind this decision was that the federal government of Brazil put in place a new economic model which he saw as being ruinous to the economy. As it turns out he was exactly right and to this day Brazil’s economy is still nowhere where it should be.
Find out more about Igor Cornelsen: http://frenchtribune.com/teneur/25704-igor-cornelsen-giving-three-valuable-tips-invest-growing-foreign-market