With net inflows of BRL6.5 billion in October, the Balanced/Mixed class shows inflow of BRL62.7 billion year to date, the best result in the industry.
Investment abroad remains a seemingly distant aspiration for Brazilian pensions
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
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
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
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
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
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
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
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.
Brazilian multi-asset funds posted second straight monthly outflow in May
Despite the setback, in the year to date through May, the fund industry has raised BRL 86.5 billion (USD 25 billion) against BRL 66.9 billion through May of 2018.