The industry has raised BRL 146 billion (USD 45 billion) in the year-to-date and BRL 212 billion (USD 66 billion) in the 12 months.
Brazilian fund industry attracts USD 36 billion in flows in first half
July 31, 2017 by
Affluent investors were behind most of the gains, and they allocated mostly to fixed-income and balanced/mixed funds. Short-term funds were outperforming other savings and investment vehicles in the market, leading to a migration of investors toward these vehicles.
Brazilian fund regulator eases international investment rules, setting stage for wave of cross-border offerings
December 19, 2014 by
The two instructions are seen by the global asset management community as game-changers in their approach to Brazil, since important segment of the onshore market will become addressable - at least after July 1, 2015, when the rules take effect.
