SEI and LFDE, La Financière de l'Echiquier, led the list of registered investment products with five and three mutual funds, respectively, followed by Morgan Stanley and Wellington each with one product approved.
Compass Group gets green light to offer first Brazilian-domiciled fund
Compass opened the Brazil office in 2018 and obtained a license to manage funds in December 2019. In 2020 it plans on launching credit funds, domestic equity funds as well as feeders that link to global managers.
CCR lowers bar for alternatives managers seeking approval
Alternatives managers no longer need to show a USD 5 billion allocation in a specific asset class in order to gain CCR approval to sell to AFPs.
Picton closes the year with a recognition and regional presence
Picton has signed mandates with firms like KKR, TPG, Ares, American Securities, Hamilton Lane, EQT, Permira and Apollo, among others.
Flows into Brazilian equity funds soar
The Equity class attracted BRL 11 billion (2.7 billion) in November, its best monthly result in the last 18 months.
BlackRock, others ready to pull trigger on global offerings in Brazil
"We have a vision to contribute to this important moment of change in investors' portfolio allocation," says Rodrigo Araujo, the firm's Brazilian director.
Chilean AFPs poured into Asian equity in November while continuing to cut fixed-income
The AFPs finished November with USD 82 billion invested in cross-border funds and ETFs, 73% of which was in equities.
Fidelity’s 11th “Millionaire Outlook Study” finds health concerns are top stressors for all investors
“There are a lot of stressors in life that are universal and difficult to predict, like health issues or the state of the economy," says Fidelity's David Canter.







