Tue, Jul 7, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Brazilian asset managers bullish on domestic fund industry

Friday, November 16, 2012

Bailey McCann, Opalesque New York: Brazilian asset managers are working to attract twice as many investors onshore as offshore into the domestic fund industry according to a recent survey at the annual DMS Offshore Investment Funds Summit in Săo Paulo, Brazil. Of the 33 asset managers surveyed, 75% said they seek to raise capital outside of Latin America, even as less than half indicated having the infrastructure necessary to do so. Given the lack of offshore products, DMS anticipates the percentage of Brazil managers setting up offshore funds may increase up to 50% in 2013.

DMS Offshore Investment Services is a global fund governance firm currently representing leading investment funds with assets under management exceeding $270bn. The firm conducted the survey as part of its annual summit in an effort to understand how managers perceive the current investment environment in-country. The majority of survey respondents remain bullish on the Brazil fund market, predicting growth between 10-15% in 2013, which significantly outpaces anticipated economic growth.

Equities dominate Brazil’s offshore fund strategies, with 41% of managers reporting that they manage an equity strategy. Fixed income ranks second, with about a quarter of managers reporting fixed-income strategies. Other strategies employed by this same group include currencies, private equity and real estate, with a small smattering of other strategies.

The growth predictions by these managers are notabl......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner