Fixed Income products led inflows attracting BRL 42.7 billion in the month, followed by Private Equity Funds, or FIPs, with BRL 4.2 billion.
Mutual funds see outflows of BRL 4.7 billion in October
The Balanced-Mixed/Foreign Investment had the largest net selling of BRL 4.7 billion in October, followed by the Balanced-Mixed/Macro, with BRL 4.5 billion in outflows.
Brazil mutual funds lose BRL 13.6 billion in September
The Balanced-Mixed class led losses, with outflows of nearly BRL 11.9 billion in the month.
Brazil mutual funds attracted BRL 26 billion in net new inflows in August
Fixed-Income Short Duration/Investment Grade funds, which invests at least 80% of its portfolio in federal government bonds or low-risk debt, attracted BRL 11.8 billion, little more than half of total net purchases.
Mutual funds gathered BRL 14.7 billion in July
Fixed-income funds lead with inflows of BRL 12.6 billion in the month.
Mutual funds see outflows for seventh month in a row with BRL 58.4 billion lost in June
High-income retail sector led redemptions with BRL 18.6 billion.
Mutual funds outflows reach BRL 47.2 billion in May
Fixed income had the worst figures, bleeding BRL 29.6 billion.
Brazilian mutual funds face record outflows of USD 9 billion in April
Over the 12 months ending in April 2023, investors pulled BRL 71 billion out of the mutual fund industry.
Brazilian mutual funds bled BRL 82 billion in the first quarter of 2023
Among ANBIMA asset classes, only FIDCs (credit receivables investment funds) and FIPs (private-equity funds) had inflows in the three months.
Brazilian mutual funds see outflows for a fourth straight month in February 2023
The balanced/mixed, fixed-income and equities classes accounted for the lion’s share in net selling for the month.