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.
Brazilian-based Mongeral Aegon announces fund of funds allocating to Transamerica
March 28, 2014 by
The product, denominated Mongeral Aegon Multimercado Investimento no Exterior, will roll its assets into shares of the Aegon Global Fund, a mutual fund managed by Transamerica Asset Management.
Julius Baer acquires majority stake in leading independent Brazilian wealth manager GPS
March 28, 2014 by
Gustavo Raitzin (photo), currently head of Latin America and Israel for Julius Baer, was named chairman-designee of GPS. The wealth manager nearly doubled its assets under management to USD 6.6 billion in three years.
Claritas brings to market two funds of international funds
March 19, 2014 by
With an eye on the internationalization process that Brazilian pension funds are reluctantly starting early this 2014, a bunch of local mutual fund managers begin to bring to market locally-domiciled products that focus on cross-border instruments.
Brazilian pension funds make initial global fund investments
February 18, 2014 by
BlackRock and JP Morgan Asset Management are the sponsors of the underlying cross-border funds being used by Banco do Brasil to introduce Brazilian pension funds to international markets, albeit in very small doses. Brazil's largest corporate pension fund, the Previ, was one of the initial buyers.
Canadian Pension Board installs regional investment office in Sao Paulo
February 6, 2014 by
The pension fund already has significant investments in Latin America, with nearly USD 4.5 billion invested in real estate, public- and private-equity and infrastructure investments.
Fabiano Cintra now in command of Itaú’s ETF distribution
January 30, 2014 by
The It Now series of ETFs are Brazilian-based exchange-traded funds investing in Bovespa-listed securities.
Schroders Brazil names new chief investment officer amid run on AUM
January 30, 2014 by
Schroders Brasil has lost two members of its investment-management team in the last six months. The latest change comes on the heels of a difficult 2013 for equity managers in Brazil and especially for Schroder, which suffered significant outflows.
Brazilian Mutual Fund Manager Net New Investments (NNI) Report – December 2013
January 30, 2014 by
Excel workbook detailing net new investments (NNI) of all locally registered Brazilian mutual managers. Also includes monthly and year to date NNI data by managers. Data as of December, 2013.
Companies mentioned in this report: Banco do Brasil, Itaú Unibanco, Bradesco, Caixa Econômica Federal, Santander Brasil, BTG Pactual, HSBC, Credit Suisse, J Safra Asset Mgt., Votorantim, Legg Mason, BNY Mellon Asset Mgt., Funcef, JP Morgan, BNP Paribas, Fundacao Cesp, Citigroup, Vinci Partners, Opportunity, Sul America Investimentos, Intrag, BRL Trust, Quantitas, Real Grandeza, Morgan Stanley, BW, GPS - CFO, JGP, Icatu, SPX, Gávea, Fundacao Sistel, Porto Seguro, Pátria, Pessoas fisicas Fundacao, Integral Investimentos, GAP Prudential, Banrisul, Plural Capital, Vale do Rio Doce Fundacao, Fapes Fundacao, Mapfre, Riviera, Oliveira Trust, Alfa, Brasilprev Seguros, Pragma, BNB, Dynamo, Kinea, and others.
