Brazil is preparing the launch of the first local fixed-income exchange-traded fund (ETF). The government will select one manager to run the product, which should be launched by the end of the second quarter.
Stronger Real spurs selloff of international funds in Brazil
July 25, 2016 by
BB DTVM's major partners are BlackRock, Nordea, JP Morgan and Schroders, who represent more than 70% of total AUM of its international products, said Ricardo Forni, product manager.
