BlackRock makes new push into tepid Brazil ETF market

The firm will offer iShares through Brazilian depositary receipts, or BDRs, listed on the B3 exchange.

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Brazilian managers dust off BDR funds to meet clients’ demands for global diversification

Western Asset's Mauricio Lima notes that BDR funds are not subject to new, restrictive regulations on international fund investing, so institutional investors may continue to use them without restriction.

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