ARX's 'Highest Standards' ratings reflects Fitch's opinion that the company's investment platform and operating framework are superior relative to the standards applied by institutional investors in international markets.
BTG Pactual buys Generali’s Swiss-banking unit for USD 1.7 billion
July 16, 2014 by
With the BSI acquisition, BTG Pactual takes control of the Chilean private-pension administrator AFP Planvital, which up to now had been controlled by BSI.
Nestle pension plan hires ex-Towers exec Cardoso
July 2, 2014 by
Alessandra Cardoso (pictured), a former Towers Watson executive, will occupy the new position of investment manager in the entity running two funds with a combined USD 650 million in assets under management.
Susep green lights insurance permit for BTG Pactual
May 23, 2014 by
The unit, to be named BTG Pactual Vida e Previdência, will have capital of BRL 30 million (USD 13.6 million) and be authorized to sell and structure life insurance and retirement products.
Fitch affirms top rating for BTG Pactual Asset Management
May 14, 2014 by
The 'Highest Standards' rating reflects Fitch's opinion that the manager's investment platform and operating framework are superior relative to the standards applied by institutional investors in international markets. The rating applies only its domestic Brazilian operations in traditional funds and does not include its overseas asset management activities.
Wagner Guida departs Chile to assume institutional product area at Itaú Brazil
May 9, 2014 by
After five years as CEO at Itaú AGF Chile, the executive returns to Brazil to control the area of products for the institutional investors, corporates and distributors.
CVM rule change would drastically reduce minimum-investment hurdle for ‘superqualified’ investors
May 5, 2014 by
Currently, funds of international funds require a minimum investment of BRL 1 million (USD 400,000) - a very high hurdle even for an affluent investor with millions in net worth. The proposed change by the CVM is to allow fund sponsors to set their own minimum-investment amounts for funds exclusively designed for Professional Investors, provided that these investors have BRL 1 million invested in total in the Brazilian market.
BlackRock to offer S&P 500 ETF in Brazil
May 5, 2014 by
US ETF issuers, including ProShares, Invesco Power Shares, Vanguard and State Street, have turned increasingly to Latin America as an important avenue for asset gathering, particularly from institutional investors.
Schroders shuts Brazilian equity fund
April 25, 2014 by
Schroders said the small size of the underperforming Schroder ISF Brazilian Equity had made it impossible to be run cost effectively.
Brazilian private-equity industry enjoys 21% growth in 2013
April 21, 2014 by
The total capital committed by the private equity and venture capital industry in Brazil rose to BRL 100.2 billion (USD 42.4 billion) at the end of December.
