“Almost all funds in the market are now available on our digital platform,” BTG Pactual Digital's Marcelo Flora told Fund Pro Latin America. “For us, offering open architecture is a way to truly put the client first."
Managers hopeful that lower rates will spur demand for cross-border offerings
Itajubá Investimentos' Carlos Garcia believes the reduction of local interest rates may attract Brazilian investors to global offerings, but cautioned that pension funds still need to be convinced to diversify.
JP Morgan Brazil is bullish on demand for international offerings
Giuliano de Marchi believes there are 500,000 Brazilians with investments in excess of BRL 1 million, the amount needed to fully invest abroad. “Yet, only 1% of the investors able to invest abroad actually do it,” he told Fund Pro Latin America.
Cross-border managers in Brazil encouraged by investor interest in global diversification
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.