Brazil is one of the largest fund markets in the world and is currently growing in scale. CVM 175 presents an opportunity for Brazilian investors to further diversify their investments, and this connectivity allows JP Morgan Asset Management in Brazil to prepare for the future," said William Brennan, Director of New Markets at Calastone.
Mutual funds see outflows of BRL 4.7 billion in October
The Balanced-Mixed/Foreign Investment had the largest net selling of BRL 4.7 billion in October, followed by the Balanced-Mixed/Macro, with BRL 4.5 billion in outflows.
CCR Monthly Approval Report – October 2023
A total of six products were added in the month from six different asset managers: Franklin Templeton, Goldman Sachs, Impax, Jupiter, KPS Capital and Vanguard.
Brazil mutual funds lose BRL 13.6 billion in September
The Balanced-Mixed class led losses, with outflows of nearly BRL 11.9 billion in the month.
CCR Monthly Approval Report – September 2023
A total of five products were added in the month from four different brands: Franklin Templeton, Colchester, M&G, and Independencia.
Brazil mutual funds attracted BRL 26 billion in net new inflows in August
Fixed-Income Short Duration/Investment Grade funds, which invests at least 80% of its portfolio in federal government bonds or low-risk debt, attracted BRL 11.8 billion, little more than half of total net purchases.
CCR Monthly Approval Report – August 2023
JP Morgan, Dimensional, Franklin Templeton, DWS, Lazard, Morgan Stanley and AEA Investors were the fund sponsors gaining approval for new products in August.
Brazilian decreased the pace of withdrawals from international funds in the second quarter
Ian Caó, founding partner and CIO of Gama Investimentos, said that the awareness work being carried out by market professionals regarding the importance of diversifying portfolios in other geographies, contributed to the increase in some international investments strategies.
Mutual funds gathered BRL 14.7 billion in July
Fixed-income funds lead with inflows of BRL 12.6 billion in the month.
Mutual funds see outflows for seventh month in a row with BRL 58.4 billion lost in June
High-income retail sector led redemptions with BRL 18.6 billion.