Blackrock sees Brazil's Bovespa at 77,000 in Q1

SAO PAULO Feb 3 (Reuters) - Blackrock (BAK.N) expects Brazil's Bovespa share market index .BVSP to rise to 77,000 by the end of the first quarter, a top executive said on Wednesday.

New York-based Blackrock also has plans to launch three exchange-traded funds (ETFs) focused on Brazil by February, focusing on retail, real estate and the broad stock market, said Saulo Mendes de Almeida, Blackrock's director of sales and capital markets in the country. The company may seek to expand in Brazil through a partnership with a local retail bank, Almeida said at an event, without elaborating. (Reporting by Elzio Barreto; Writing by Guillermo Parra-Bernal)