JPM's Isabella Nunes said China funds gained market in 2Q 2021, reflecting "growing interest in Asian strategies with a focus on the countless growth opportunities offered by the region."
AllianceBernstein taps seasoned pro Bruno Stein to lead its Brazil expansion
In his few short weeks with AB, Stein, formerly with BlackRock and Itaú, has been taken aback by the sudden interest in global exposure among Brazilian investors.
Brazilian fund industry raised USD 40 billion in first half of 2021
The Fixed Income class was the highlight in the first half with the largest net inflows (USD 25 billion) and no monthly outflows in the year.
Brazilian fund industry enjoys positive flows of BRL 42 billion in May
Among ANBIMA classes, fixed income had the lion’s share with net inflows of BRL 24.8 billion, while two short-duration sovereign funds led the moves.
XP partners with Giant Steps, a leading Brazilian quant manager
XP sees a future for quantitative investing in Brazil, where systematic/quantitative strategies represent less than 2% of total AUM.
BTG Pactual scoops up Universa for USD 132 million
Universa Group is a diverse firm controlling Empiricus Research, Vitreo Holding, Money Times and Seu Dinheiro.
Brazilian fund industry raises BRL 23 billion in April and reaches 70% of 2020 balance
The fund industry raised BRL 23.3 billion (USD 4.3 billion) in April, bringing net year-to-date flows to BRL 124.1 billion (USD 20 billion), already accounting for 70% of the 2020's net gain.
Record 1Q 2021 flows to cross-border funds in Brazil inspire loftier growth projections
"Popularization is just beginning. When I look at the industry, I am optimistic. This was the strongest quarter," said Giuliano De Marchi, head of Latin America for JPM AM.
BlackRock hires Paula Salamonde to lead Brazilian ETF biz
Paula Salamonde, who worked at MSCI for 21 years until her departure in 2019, joined BlackRock’s São Paulo office in April.
Hashdex lists first Crypto ETF on Brazil’s B3 exchange
The Hashdex Nasdaq Crypto ETF offers financial advisors and investors a balanced portfolio of crypto assets, bringing index investing to the rapidly growing crypto asset class.