Wed, Sep 20, 2017
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 São 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. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  2. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  3. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  4. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N

  5. ...And Finally - FAN-antic[more]

    From Newsoftheweird.com: Jeffrey Riegel, 56, of Port Republic, New Jersey, left 'em laughing with his obituary's parting shot at the Philadelphia Eagles. In it, Riegel asked that eight Eagles players act as pallbearers, "so the Eagles can let me down one last time." Riegel owned season tickets for 3