High-income retail sector led redemptions with BRL 18.6 billion.
Mutual funds see outflows for seventh month in a row with BRL 58.4 billion lost in June
Mutual funds outflows reach BRL 47.2 billion in May
Fixed income had the worst figures, bleeding BRL 29.6 billion.
Government proposal may increase taxation of cross-border investments
Even a checking account may be taxed. The measure still needs to be approved by Congress and may undergo changes.
Negative flows continue to hit cross-border Brazilian funds in first quarter
Despite USD 1.7 billion exited domestic mutual funds that invest in cross-border instruments, distributors see growing interest in international diversification.
Brazilian mutual funds face record outflows of USD 9 billion in April
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.