Giuliano De Marchi of JP Morgan AM in Latin America says the number of investors testing the new offerings of international funds in Brazil has grown exponentially compared to just a few months ago, when Instruction 555 came into force.
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Ilana Bobrow, investor relations executive at fund management shop XP Gestão, said the feeder fund will be promoted to the retail segment, "where we know there is a great opportunity. We will also talk with distributors, single- and multi-family offices, and pension funds."
