This latest in a string of acquisitions involves 400 clients and USD 160 million in AUM. It was the fifth acquisition for Guide in the last 18 months.
Warburg-backed Guide Investimentos buys wealth management business of Simplific Pavarini
June 4, 2015 by
Asset managers ask CVM to delay Instruction 555 for three months
May 26, 2015 by
The regulation, among other things, will give mass affluent investors - most of whom operate via onshore accounts - a selection of local funds providing regional diversification.
Transamerica’s Mongeral Aegon unit sets up Brazilian feeder allocating to Neuberger Berman
May 14, 2015 by
Leonardo Camozzato (photo), a partner at Itajubá Investimentos, which is charged with distributing the fund, said that 15-20 Brazilian pension funds are looking seriously at the product.
Victoire hires Fabio Melo to develop new business with institutional investors
May 13, 2015 by
Before landing at Victoire, Melo was responsible for the relationship with institutional investors at NEO Investimentos.
S&P Dow Jones Indices first to launch smart-beta products in Brazil
May 13, 2015 by
The launch is a "very important step toward increasing index-based opportunities for investors and further educating them on the merits of the Brazilian capital market," said Edemir Pinto (photo), CEO of BM&F Bovespa.
Brazilian asset manager Gávea in talks to buy back control from JP Morgan
May 5, 2015 by
Gávea was co-founded in 2003 by Arminio Fraga, the former head of Brazil’s central bank. Gávea had BRL 18.1 billion (USD 5.8 billion) in assets under management as of February, according to Latin Asset Management.
BNP Paribas delves into alternative investments in Brazil
April 24, 2015 by
President of BNP Paribas AM, Luiz Sorge (photo), predicted that the new area will come to represent between 5% and 10% of overall AUM.
Banco do Brasil selects four European experts for new range of global feeders
April 9, 2015 by
Carlos Takahashi, CEO of BB DTVM, said the Brazilian asset management giant plans to offer the products to a cross-section of domestic investors, from pensions to individuals, thanks to recent rule changes in the domestic market.
Western Asset readies global funds for local launch in Brazil
March 26, 2015 by
Brazilian-based Western Asset is planning to launch funds with strategies in global fixed income in early July, when CVM Instruction 555 comes into force. The instruction brought major changes to investment funds, including making it easier to create and distribute funds of cross-border funds.
