Brazilian government is pushing for a fixed-income ETF; seeks sponsor

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.

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Stronger Real spurs selloff of international funds in Brazil

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.

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