the Anbima, which believes that the industry needs more time to adapt to the rules, which facilitate global investing, in order to create systems to control which clients can access certain types of funds.
Warburg-backed Guide Investimentos buys wealth management business of Simplific Pavarini
This latest in a string of acquisitions involves 400 clients and USD 160 million in AUM. It was the fifth acquisition for Guide in the last 18 months.
Transamerica’s Mongeral Aegon unit sets up Brazilian feeder allocating to Neuberger Berman
Leonardo Camozzato (photo), a partner at Itajubá Investimentos, which is charged with distributing the fund, said that 15-20 Brazilian pension funds are looking seriously at the product.
Victoire hires Fabio Melo to develop new business with institutional investors
Before landing at Victoire, Melo was responsible for the relationship with institutional investors at NEO Investimentos.
BNP Paribas delves into alternative investments in Brazil
President of BNP Paribas AM, Luiz Sorge (photo), predicted that the new area will come to represent between 5% and 10% of overall AUM.
Banco do Brasil selects four European experts for new range of global feeders
Carlos Takahashi, CEO of BB DTVM, said the Brazilian asset management giant plans to offer the products to a cross-section of domestic investors, from pensions to individuals, thanks to recent rule changes in the domestic market.
Western Asset readies global funds for local launch in Brazil
Brazilian-based Western Asset is planning to launch funds with strategies in global fixed income in early July, when CVM Instruction 555 comes into force. The instruction brought major changes to investment funds, including making it easier to create and distribute funds of cross-border funds.
Franklin Templeton’s ex-country head Heitor de Souza Lima leaves firm
With the arrival of longtime US-based Templeton sales executive Marcus Vinicius Gonçalves in 2013, Lima went from country manager to sales manager, with responsibilities for the retail distribution area.
Funcesp seeks to hire global managers as overseas bets almost triple
International investments provided the pension fund’s best returns last year, at 15.4%, said chief investment officer Jorge Simino. Funcesp could potentially invest up to USD 900 million in cross-border vehicles, according to local regulation.
BlackRock expands institutional team in Brazil with new hire
Oliveira was previously part of the investment team of Towers Watson and also the funds of funds area of Banco Alpha de Investimentos. In addition, the executive served on the portfolio management team of Tendência Wealth Management.










