Early global positions of Brazilian pension manager Postalis were taken with Templeton and BTG Pactual, said investment director Pedro Pedrosa.
While easing positions short term, Brazilian pensions maintain focus on global markets
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Previ plans BRL 300 million to invest in shares of foreign companies
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Rene Sanda, Chief Investment Officer, of Brazil's biggest pension, said the decision followed conversations with other other major pension funds, which agreed on the need to invest abroad.