Santander is negotiating new partnerships to offer offshore fund of funds

Rudolf Gschliffner, product manager at Santander in Brazil, said the firm plans to launch at least one fund of funds this year, a total-return fund that would provide some diversity to the current offering.

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Santander adds global and Latam-oriented funds to Brazilian onshore platform

The firm has raised roughly USD 150 million in the short time the funds are active in Brazil,” said Santander’s Rudolf Gschliffner. Lower interest rates and the search for diversification have made international investments relevant among Brazilians clients.