Brazilian international fund outflows surge amid recent exchange rate volatility

International investment funds faced net withdrawals of USD 2.4 billion in 2024. Yet, global credit and US equity strategies emerged as key opportunities, attracting demand from the institutional and the wealth channel.

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Brazilian funds investing abroad were battered in 2022, but a recovery is expected for 2023

Franklin's Daniel Popovich along with peers from JP Morgan and Santander, says managers in Brazil noticed a pickup in global fund sales in 4Q 2022 after a difficult nine months.

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