"We want to keep growing our business – especially in geographies where we see major commercial potential like the US," said Santander's Víctor Matarranz.
Brazilian mutual funds in February reversed poor 2021 kickoff
March 15, 2021 by
After a negative start in January, the industry grew by roughly USD 6 billion in the first two months of 2021.
JPM broadens Latam reach, adding iShares exec and three new ETFs
March 11, 2021 by
JP Morgan brought on Carlos Brito, who had led ETF distribution for BlackRock's iShares unit in Mexico for the last four years.
CCR Monthly Approval Report – February 2021
March 3, 2021 by
A total of eight products were added in the month from six different asset managers: Matthews, Eurizon, Allianz, JPMorgan, Genstar Capital and Valor Management.
Brazilian fund industry off to slow start due to equity-product redemptions
February 18, 2021 by
The Equity class saw outflows of BRL 40.5 billion, driven by net redemptions concentrated in a few funds, but not reflecting a general trend in the category.
Itaú gets shareholder nod for XP spinoff, awaits Fed approval
February 2, 2021 by
Itaú will retain a roughly 5% stake in XP following the spinoff, although the bank has signaled it may sell that remaining stake to monetize part of its investment.
CCR Monthly Approval Report – January 2021
February 2, 2021 by
HSBC, Aviva Investors, Dimensional, Federated Hermes, Morgan Stanles, Pictet, WisdomTree, Aberdeen Standard and, Berkshire Partners were the managers registering products in January 2021.
Multimarket funds see record net inflows in 2020
January 26, 2021 by
Multimarket funds saw the largest net inflows in 2020, at BRL 97.6 billion, followed by equity funds with net inflows of BRL 69.4 billion.
Lexington Partners opens São Paulo office, expanding presence in Latin America
January 18, 2021 by
"We are pleased to establish a local base in Brazil from which to engage directly with investors and high-quality managers," said Lexington's Jose Sosa del Valle.
Investors pull USD 4 billion from Brazilian funds amid lackluster returns and yields
January 11, 2021 by
The November 2020 numbers disappointed but did not mar a decent year, during which local funds had raised USD 23 billion.
