International investment funds faced net withdrawals of USD 2.4 billion in 2024. Yet, global credit and US equity strategies emerged as key opportunities, attracting demand from the institutional and the wealth channel.
Brazilian international fund outflows surge amid recent exchange rate volatility
Demand for cross-border oriented funds recovered in the third quarter
Fixed income strategies attracted greater attention from institutional investors. Regulatory changes in the taxation of funds can boost greater demand from high-net wealth clients in allocating their resources internationally, said Fernando Cavallete, portfolio specialist at Itaú Asset.
Expert views sovereign-wealth model as viable for managing additional pension flows
Scholar Eduardo Walker, member of the Pension Funds Technical Investment Council, admitted that fees paid to third-party managers are not at all high when considering rebates.
Tax holiday on wealthy Chileans could alter local private-banking landscape
Repatriation or sunlighting of undeclared overseas assets could generate new flows to local private banks and wealth managers.
HMC starts the year raising over US$400 million from AFPs
Ricardo Morales, partner of HMC - firm associated with the Brazilian firm Itajuba Investimentos - says they achieved sales for managers Matthews, Neuberger Berman, BlueBay and East Capital.