Over the 12 months ending in April 2023, investors pulled BRL 71 billion out of the mutual fund industry.
Brazilian mutual funds bled BRL 82 billion in the first quarter of 2023
Among ANBIMA asset classes, only FIDCs (credit receivables investment funds) and FIPs (private-equity funds) had inflows in the three months.
Brazilian mutual funds see outflows for a fourth straight month in February 2023
The balanced/mixed, fixed-income and equities classes accounted for the lion’s share in net selling for the month.
Offer of global ETFs in Brazil widens amid strong investor response
The heads of the ETF business at JP Morgan, BlackRock and Global X boasted about the positive outlook for so-called "BDRs of ETFs" in Brazil.
Brazil’s global fund segment falls again in 3Q 2022
BB Asset's Paulo Manzione says institutional investors remain very cautious regarding allocations to offshore markets.
Brazilian mutual funds face outflows for third straight month in January 2023
Only fixed-income, retirement funds and FIP classes had inflows in the period. Equity funds suffered outflows of BRL 9.2 billion.
Brazilian funds investing abroad were battered in 2022, but a recovery is expected for 2023
Franklin's Daniel Popovich along with peers from JP Morgan and Santander, says managers in Brazil noticed a pickup in global fund sales in 4Q 2022 after a difficult nine months.
Brazilian funds hammered by USD 32 billion in outflows in 2022
Despite high yields on bond funds, other rival products in the market, such as tax-exempt vehicles, are competing for individuals' attention.
Brazilian bond and mixed funds faced redemptions in November 2022
The Brazilian mutual fund industry saw outflows of BRL 19.6 billion (USD 3.8 billion) in November, with Fixed Income and Balanced-Mixed classes leading net selling.
Brazilian equity and fixed-income funds faced redemptions in October
Brazilian mutual funds suffered net outflows of BRL 4.4 billion in October, with the largest withdrawals generated in the fixed-income and equity classes.