Equities and Balanced-Mixed funds, the most volatile, faced BRL 14 billion in net outflows, with redemptions of BRL 7.3 billion and BRL 6.7 billion, respectively.
Investor caution boosts demand for Brazilian fixed-income funds
Investor caution was rewarded by fixed-income funds’ strong performance, while poor returns led to outflows from equity and mixed funds in February.
Monetary tightening in Brazil lures investors back to fixed income funds
Equity funds saw outflows of BRL 10.6 billion in January, impacted by the Equity–Free Portfolio subcategory, with redemptions totaling BRL 4 billion.
Spike in fixed-income-fund yields leads to inflow bonanza in Brazil
The Brazilian fund industry brought in BRL 369 billion in new flows in 2021, more than double the amount reached in the previous year.
Fixed income back in vogue in Brazil as yields soar
In November 2021, equity funds saw outflows for the third month in row, losing BRL 6.1 billion, or more than USD 1 billion.
Fixed-income funds creep back into vogue in Brazil as stocks falter
Though October, local bond funds account for half of industry’s USD 50 billion in positive inflows.
Fixed-income funds led inflows in Brazil in September
Monthly net inflows to fixed income have risen 30% on average in 2021, with the pace quickening after March–when the monetary tightening cycle began in Brazil.
Flows to Brazilian fixed-income funds surged in August as political tensions rose
Inflows for the year through August stood at BRL 350 billion (USD 66 billion), a nice haul considering the current market environment and lingering Covid impact.
In July, Chilean AFPs scooped up USD 362 million in equity funds
Baillie Gifford raised USD 482 million in July, the bulk of which - USD 237 million - went into the Baillie Gifford European-B Acc equity fund.
Brazilian fixed-income funds attracted more than half of new July 2021 inflows
The Brazilian mutual fund industry had net inflows of BRL 43.4 billion (USD 8.2 billion) in July 2021, bringing the year-to-date amount to BRL 296.4 billion (approximately USD 55 billion).