"Popularization is just beginning. When I look at the industry, I am optimistic. This was the strongest quarter," said Giuliano De Marchi, head of Latin America for JPM AM.
Record 1Q 2021 flows to cross-border funds in Brazil inspire loftier growth projections
Brazilians swarmed to cross-border funds in 3Q 2020, fueling new product launches
JPM's Giuliano De Marchi predicted a tenfold increase in international fund AUMs, and revealed that regulators are considering opening global feeders to the general public, not just qualified investors.
BTG Pactual expects to raise USD 150 million in Latin America with Mobius funds
The Latin firm is deep into partnership negotiations with two more managers, one European and the other American, BTG's Caio Mantovani, head of third-party distribution in Brazil, told Fund Pro Latin America.
BTG Pactual to exclusively distribute Robeco funds in Brazil
BTG's Marcos Pimentel noted that the firm already distributes with Reliance Asset Management; Evli Fund Management and Capital Dynamics in Latin America, but feels Robeco funds are best suited for the still-unsophisticated Brazilian market.