BlackRock teams with Icatu Seguros to launch pension fund with global equity exposure

"Different economic cycles to which savers are exposed during their period of accumulation of wealth requires new investment options to be created," says Rodrigo Araujo, director of BlackRock in Brazil.

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Retirement funds in Brazil empowered to invest more in equity, infrastructure and foreign instruments

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.

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