The November 2020 numbers disappointed but did not mar a decent year, during which local funds had raised USD 23 billion.
Investors pull USD 4 billion from Brazilian funds amid lackluster returns and yields
Brazilian funds raised USD 37 billion in first nine months of 2020
The Fixed Income class was the highlight in September, with USD 4 billion raised in September, pulling the category out of negative territory for the year to date.
Amid difficulties, Brazilian fund industry raises USD 27 billion through August
Balanced/Mixed and Equity classes raised more in the first eight months of the year (BRL 48.8 billion) than the amount in the same period of 2019 (BRL 41.4 billion).
Fund industry shows BRL 14.9 billion outflow in May
Brazilian fixed-income funds have suffered BRL 131.1 billion (USD 24 billion) in outflows in the first five months of 2020 as yields continue to plummet.
Brazilian fund industry hit with BRL 91 billion in redemptions in April
Only foreign investment funds, with net inflows of BRL 2.2 billion in April, had a positive month. Year to date, the category had positive flows of BRL 11.4 billion.
Equity fund flows remained positive in March as Brazil looked past Covid-19
Equity funds had net inflow of BRL 8.3 billion in March and drew in BRL 45 billion for the quarter.
Net inflows stayed positive for Brazilian mutual funds in shaky February
For the fifth month in a row, the Equity class had the best result for the month. After raising BRL12.8 billion in February, the class shows net inflow of BRL36.3 billion in 2020.
Equity funds in Brazil enjoyed banner year in 2019, shattering records
With net funding of BRL 17 billion in December, the equity class ended the year with its best annual performance and the industry's largest net inflow at BRL 86 billion, tripling its 2018 result.
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.