Among individuals in Chile, "there is a preference for having money offshore and also for the platform to be offshore," Azimut's Diego Varela said,
Azimut nails down first AFP investment with sale of global bond fund
While Azimut is a very strong player in Italian retail, efforts to place funds with Latin institutions has taken a while. With one AFP already investing, the firm expects tickets from a few others, as well as from family offices and FOFs.
BRZ Patrimônio is Azimut’s third wealth-management acquisition of 2016
Azimut CEO Pietro Giuliani said the USD 1.2 million acquisition underscores his firm's commitment to Brazil and its "tireless search for local talent."
AZ Quest close to launching international feeder funds in Brazil
Walter Maciel, CEO of AZ Quest, told Fund Pro Latin America that the company opted to wait for a stabilization in the currency market before starting to offer international products to Brazilian investors.
Azimut acquires 50% of Brazilian wealth manager LFI Investimentos
Azimut is already present in Brazil via its AZ FuturaInvest advisory operation, which is absorbing LFI, an independent wealth manager founded in 2009.
Italian asset manager Azimut inks deal with Brazilian advisory FutureInvest
Italy's asset manager Azimut and FuturaInvest Group have signed an agreement to set up a partnership providing financial advisory services in the Brazilian market.