Jorge Simino, investment director at Funcesp, says that pension funds are still cautious about investing abroad.
Brazilian mutual funds faltered in March, raising a scant USD 500 million
April 22, 2019 by
The industry reeled in only BRL 2.2 billion in new money in March, a month marked by political uncertainty over pension reform, and doubts about the pace of global economic growth.
Global managers avoid overhyping proposed pension reform in Brazil
April 7, 2019 by
Franklin Templeton Brazil's Marcus Vinicius Gonçalves told Fund Pro Latin America that while pension reform would be a boost for business, global firms would not reap any benefits for some years.
BlackRock names CEO for Brazil amid Americas shakeup
April 3, 2019 by
Massaru Takahashi, a former Banco do Brazil asset management CEO, has worked as a senior management consultant for BlackRock since 2016.
Brazilian fund flows rebounded in February
April 3, 2019 by
After a slow start to the year, the Brazilian investment fund industry ended February with net inflows of BRL 24.8 billion (USD 6.5 billion), up 57.7% compared with January.
Brazilian fund industry starts 2019 with close to USD 3 billion in inflows
March 20, 2019 by
Free Duration Investment Grade funds led the way, with net inflows of USD 4 billion in the month, the best result for this type since data began being tracked in October 2015.
Santander is negotiating new partnerships to offer offshore fund of funds
March 20, 2019 by
Rudolf Gschliffner, product manager at Santander in Brazil, said the firm plans to launch at least one fund of funds this year, a total-return fund that would provide some diversity to the current offering.
Bradesco offers multi-country diversification to clients in Brazil
March 20, 2019 by
The funds offer the opportunity of investment in regional strategies, such as equity in Japan, United States or Europe, Bradesco's head of sales, Sergio Magalhães, told Fund Pro Latin America.
Mutual fund flows in Brazil slowed to USD 23 billion in 2018
February 28, 2019 by
After a record-shattering year in 2017, inflows into Brazilian mutual funds slowed considerably, a reflection of reduced yields on bond products and uncertainty over presidential elections. Equity and mixed funds did enjoy inflows nonetheless.
Brazilian fund industry: Seasonal effects led to redemptions in November
January 6, 2019 by
Advance collections of income tax and higher expenses leading into summer led to net outflows of roughly USD 5 billion in November.
