Brazilian mutual funds suffered net outflows of BRL 4.4 billion in October, with the largest withdrawals generated in the fixed-income and equity classes.
Flows in Brazil turn sharply negative in July on redemptions from a few large funds
A terrible July more than erased about USD 7 billion in industry inflows that had been accumulated through June 2022.
Brazilian investors retreated from equity and balanced funds in September
Fixed-income funds were still sporting positive year-to-date flows of BRL 94.7 billion through September.
Inflows to Brazilian mutual funds reach BRL 3.7 billion in August
Investment-grade fixed-income funds saw the biggest inflows in the period, at BRL 15.3 billion.
Brazilian mutual fund flows barely positive for first six months of 2022
Brazil’s mutual fund industry struggled to post positive flows in the first half of 2022, raising only BRL 8 billion, a far cry from the BRL 272.5 billion raised in 2021.
Brazilian mutual funds face outflows of BRL 64 billlion in May
Amid rising interest rates, fixed-income funds keep luring investors and have received BRL 98 billion in net funding so far this year.
Brazilian fixed-income funds led surge in flows in March and first quarter
In the first quarter, the fund industry had net inflows of BRL 46.1 billion, while fixed-income funds received BRL 109.2 billion.
Brazilian investors pulled BRL 14 billion out of more volatile funds in April
Equities and Balanced-Mixed funds, the most volatile, faced BRL 14 billion in net outflows, with redemptions of BRL 7.3 billion and BRL 6.7 billion, respectively.
Investor caution boosts demand for Brazilian fixed-income funds
Investor caution was rewarded by fixed-income funds’ strong performance, while poor returns led to outflows from equity and mixed funds in February.
Monetary tightening in Brazil lures investors back to fixed income funds
Equity funds saw outflows of BRL 10.6 billion in January, impacted by the Equity–Free Portfolio subcategory, with redemptions totaling BRL 4 billion.