BB Asset's Paulo Manzione says institutional investors remain very cautious regarding allocations to offshore markets.
Rising rates and war in Ukraine led to global fund redemptions in Q2 2022
Nordea's Roberto Martinho noted a jump in risk aversion with regard to European equities, in the wake of the Ukraine invasion.
XP and Banco Modal join forces to accelerate disruption in the Brazilian financial industry
The companies share a common goal of exceeding clients’ expectations and democratizing access to high quality and low-cost financial products and services.
XP partners with Giant Steps, a leading Brazilian quant manager
XP sees a future for quantitative investing in Brazil, where systematic/quantitative strategies represent less than 2% of total AUM.
Itaú gets shareholder nod for XP spinoff, awaits Fed approval
Itaú will retain a roughly 5% stake in XP following the spinoff, although the bank has signaled it may sell that remaining stake to monetize part of its investment.
Nordea tapped to train 7,000 XP Investimentos advisors on ESG practices
“The advisor has to be more prepared for the language of ESG themes," says Roberto Martinho, head of business development at Nordea Asset Management in Latin America.
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.
Brazilian platforms add cross-border funds in wake of rule changes, difficult economy
Gustavo Pires, commercial manager at fund platform XP, estimated that, with new rules lowering the minimum investment on global funds, the potential audience for global feeder funds is likely to expand 50-fold in Brazil.