Columbia Threadneedle, Aberdeen and Investec hosted a delegation of seven Brazilian pension fund officials as part of a week-long seminar. "With Brazil experiencing a sharp slowdown, it has become clear that there is a need to diversify away from the local market," said Joseph Sweigart, senior institutional sales director at Columbia Threadneedle.
Brazilian pension execs visit London to discuss global investing with three top managers
December 7, 2015 by
Retirement funds in Brazil empowered to invest more in equity, infrastructure and foreign instruments
November 23, 2015 by
Resolution 4444 gives the USD 170 billion open pension system in Brazil some needed flexibility, and aligns the industry more closely with the investment regime of corporate pension plans. "In general, this is very positive," said Marcelo Mello, vice-president at SulAmérica Investimentos.
Columbia Threadneedle teams with institutional heavyweight Rio Bravo in Brazil
October 14, 2015 by
Columbia Threadneedle’s Joseph Sweigart said his firm is teaming with independent manager Rio Bravo Investimentos to launch a Brazilian-domiciled European-equity fund targeting Brazil’s corporate-pension market.
Mirae’s Brazilian arm to launch local feeder investing in Asia ex-Japan
October 14, 2015 by
Jorge Sierra, director at Mirae Asset in Brazil, said the Korean firm will attack both institutional and individual investors with the launch. The local feeder invests in the USD 700 million Mirae Asia Great Consumer fund, whose benchmark is the MSCI Asia Ex-Japan index.
Brazilian platforms add cross-border funds in wake of rule changes, difficult economy
September 30, 2015 by
Gustavo Pires, commercial manager at fund platform XP, estimated that, with new rules lowering the minimum investment on global funds, the potential audience for global feeder funds is likely to expand 50-fold in Brazil.
Nestle pension fund selects JPM, Allianz and Schroders for initial cross-border allocation
September 18, 2015 by
Alessandra Cardoso, investment manager of Nestle's pension fund, the Funepp, said the fund will be splitting 50-50 its equity portfolio between domestic and cross-border risk.
Templeton and Brazilian insurer SulAmerica ink partnership, launch global fund
September 10, 2015 by
Franklin, which is headed in Brazil by Marcus Vinicius Goncalves (photo), was the last firm standing following a lengthy selection process that initially involved 40 managers, which was itself followed by a qualitative analysis with six finalists.
Schroders bets on Brazilian pensions, launching European fund with Banco do Brasil
September 10, 2015 by
Schroders put up USD 6 million in seed money to get the Brazilian-domiciled feeder fund off the ground.
Bradesco ponies up USD 5.2 billion for HSBC’s Brazilian operation
August 6, 2015 by
The deal includes HSBC's local fund management operation, worth USD 26 billion, helping Bradesco surpass Itaú in the Brazilian asset manager ranking.
Gávea founders reach deal to buy back Brazilian firm from JP Morgan
August 6, 2015 by
Gávea will keep its hedge funds and private-equity funds, which are the firm’s core businesses. Equity funds and real-estate funds will likely stay with JP Morgan, which operates as a local asset manager in Brazil.
