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.
Brazilian decreased the pace of withdrawals from international funds in the second quarter
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.
Mutual funds outflows reach BRL 47.2 billion in May
Fixed income had the worst figures, bleeding BRL 29.6 billion.
Government proposal may increase taxation of cross-border investments
Even a checking account may be taxed. The measure still needs to be approved by Congress and may undergo changes.
Negative flows continue to hit cross-border Brazilian funds in first quarter
Despite USD 1.7 billion exited domestic mutual funds that invest in cross-border instruments, distributors see growing interest in international diversification.
Brazilian mutual funds face record outflows of USD 9 billion in April
Over the 12 months ending in April 2023, investors pulled BRL 71 billion out of the mutual fund industry.
Colombian AFPs shed international investments in February
Sales of international assets totaled USD 1 billion in the month, mostly affecting money-market funds.
Global ETFs raked in USD 400 million from Chilean AFPs in February
Active funds fared much worse in the month, with the exception of money-market funds. High-yield products were hit hardest.