BlackRock expects to sustain asset growth in Brazil regardless of election outcome
4 Articles
4 Articles
BlackRock Predicts 30% Discharge at the Asset Base in Brazil in 2027, Regardless of Election Outcome
BlackRock hopes to maintain a 30% expansion rate in its asset base in Brazil in 2027, regardless of the electoral outcome, according to Bruno Barino, CEO for the country of the world's largest asset manager, in part for the growing interest of Brazilians in international investments. Exclusive material for subscribers. To have full access, access the link of the subject and register.
BlackRock expects to sustain asset growth in Brazil regardless of election outcome
By Paula Arend Laier SAO PAULO, Oct 2 (Reuters) - BlackRock, the world's largest asset manager, expects to maintain around 30% growth in assets under management in Brazil next year, regardless of the result of this month's general election, the firm'...
BlackRock hopes to maintain a 30% expansion rate in its asset base in Brazil in 2027, regardless of the electoral outcome, according to Bruno Barino, CEO for the country of the world's largest asset manager, in part due to the growing interest of Brazilians in international investments.
BlackRock hopes that its assets under management in Brazil will grow between 30% and 35% in 2026 and that the advance will be around 30% in 2027, no matter who wins the elections. Its local manager attributes the expansion to interest in international investments and points out that fiscal and competitiveness reforms will be decisive to attract long-term capital.
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