Brazil has had a progressively growing economy for the last half a decade. This growth has been facilitated by the industrialization of the economy where new wealth is created. With more wealth, comes the need to invest this more. That’s where the need for more established investment firms in the country.
According to data released in 2016 by the ANBIMA, which an investment fund industry self-regulatory body in Brazil, there were over 14,000 investment funds in the country. These funds have an accumulated wealth of over BRL 2,600 trillion. This number involves the open-ended retail funds, close-ended retail funds, and foreign funds.
The massive growth can be credited to the updated regulatory body that helps to control the conduct within the industry. ANBIMA works closely with the Brazilian Securities Commission (CVM) to formulate and implement these regulations.
There has been an intensive growth in real estate industry and an impressive increase in companies issuing securities both locally and internationally. By adopting the best strategies, investment firms in Brazil can help their clients generate even more wealth.
Cassio Audi is one of the senior financial managers in Brazil. He has an excellent 23 yeas’ experience in the financial market and has been involved in start-ups, public and private sectors, as well as running and managing multi-billion dollar companies.
His expertise in financial management, Mergers and Acquisitions, business planning and IPO has managed to set him apart from the rest.
For further information on Cassio Audi follow him on Facebook.