Retail investors are flocking to balanced and mixed funds, as well as equities, as inflation slows and interest rates come down.
Aberdeen launches diversified feeder fund to Brazilian investors in partnership with XP
April 3, 2018 by
The partnership with XP is strategic and will allow access to a extensive client base,” George Kerr, the director of Aberdeen Standard in Brazil, told Fund Pro Latin America.
Brazilian mutual fund industry raises BRL 25 billion in January
February 27, 2018 by
The road ahead for Brazilian fixed-income funds seems rough, as yields are compressed and the benchmark interest rate sits below 7%.
Brazilian retail clients poured USD 2.5 billion into PIMCO fixed-income feeder in 2017
February 26, 2018 by
PIMCO's Brazil-based VP, Luis Otavio Oliveira, said the Brazilian fund, which invests in the US-domiciled PIMCO Income Fund became more attractive during the year when CDI yields started to tumble.
Pactual inks institutional-distribution deal with Capital Dynamics
February 12, 2018 by
"Capital Dynamics is one of the best integrated alternative investment platforms worldwide," said Ignacio Pedrosa, head of third-party distribution at BTG.
Brazilian funds ended 2017 with USD 30 billion in offshore investments
February 11, 2018 by
The major sponsors of globally-oriented funds in Brazil - in particular Western Asset, JP Morgan and Claritas - all benefited from the uptick. The expectation is for additional managers to enter the space.
Julius Baer boosts Brazilian wealth presence with Reliance acquisition
February 10, 2018 by
Julius Baer, which already purchased multi-family office GPS Investimentos in Brazil, has agreed to acquire 95% of Reliance Group, another large independent wealth firm.
CMN heeds industry advice, ditches rule requiring risk rating on cross-border funds
January 25, 2018 by
The original resolution by the Brazilian Monetary Council had paralyzed the offer of global funds to local pension managers, said Marc Forster, executive director at Western Asset in Sao Paulo.
Brazilian fund industry raised USD 82 billion in 2017
January 19, 2018 by
Declining interest rates provoked transfers in 2017 to balanced/mixed funds which raised BRL 101 billion (USD 32 billion), and equity funds, which added BRL 21 billion (USD 7 billion).
Drop in interest rates pushes Brazilian investors out of short-term funds
January 14, 2018 by
A drop in interest rates has provoked investors to diversify their allocations, with most moving a portion of their holdings to balanced and mixed funds.
