Global managers avoid overhyping proposed pension reform in Brazil

Franklin Templeton Brazil's Marcus Vinicius Gonçalves told Fund Pro Latin America that while pension reform would be a boost for business, global firms would not reap any benefits for some years.

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Brazilian managers dust off BDR funds to meet clients’ demands for global diversification

Western Asset's Mauricio Lima notes that BDR funds are not subject to new, restrictive regulations on international fund investing, so institutional investors may continue to use them without restriction.

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Legg Mason installs cross-border distribution head in Sao Paulo

After 10 years as a Western Asset Brazil executive, Roberto Teperman now has the role of distributing the entire fund platform of the Legg Mason group, which includes nine subsidiaries around the world.

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Western Asset preps global-equity feeder allocating to sister firm ClearBridge Investments

The feeder fund will hit the ground running with BRL 35 million (USD 11 million) raised from Brazilian pension funds, said Marc Forster, executive director at Western Asset Mgt. in Sao Paulo.

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