ETFs reshape portfolio architecture for Brazilian investment firms

ETFs asset management multi-market funds portfolio construction Brazilian financial market

Investment firms in Brazil are increasingly shifting their portfolio architectures toward Exchange-Traded Funds (ETFs), redefining the role of active management. Suno Consultoria reported that it removed multi-market funds from its recommended allocations several years ago, citing that ETFs offer a more cost-effective way to achieve specific risk exposures and provide greater transparency for investors.

Nord Investimentos is adopting a more gradual approach, reducing exposure to traditional multi-market funds while migrating some individual equity allocations to ETFs. However, the firm maintains that Treasury bonds remain a viable component of fixed-income strategies.

Carpa Family Office uses ETFs to replace a small portion of active equity management, though its investment director, Pedro Lérias, noted that the current availability in the Brazilian market makes it difficult to fully replicate the wide range of assets and strategies typically offered by multi-market funds.

Entities

Carpa Family Office · João Arthur · Nord Investimentos · Renato Breia · Suno Consultoria

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] The decision to move away from multi-market funds was driven by the perception that ETFs offer a cheaper way to achieve similar risk combinations. tribunadepetropolis.com.br · dev.tnonline.com.br · tnonline.uol.com.br
[● 3 SOURCES] Treasury bonds still remain relevant for some client strategies within Nord Investimentos' fixed income allocations. tribunadepetropolis.com.br · dev.tnonline.com.br · tnonline.uol.com.br
[● 3 SOURCES] Carpa Family Office uses ETFs to replace a small portion of active management allocations in equities. tribunadepetropolis.com.br · dev.tnonline.com.br · tnonline.uol.com.br
[● 3 SOURCES] Replicating the breadth of assets and strategies found in multi-market funds remains a challenge due to current Brazilian market availability. tribunadepetropolis.com.br · dev.tnonline.com.br · tnonline.uol.com.br
[● 3 SOURCES] Suno Consultoria removed multi-market funds from its recommended allocations approximately two to three years ago. tribunadepetropolis.com.br · dev.tnonline.com.br · tnonline.uol.com.br
[● 3 SOURCES] ETFs provide greater transparency for investors compared to multi-market funds because they replicate specific indices. tribunadepetropolis.com.br · dev.tnonline.com.br · tnonline.uol.com.br
[● 3 SOURCES] Nord Investimentos is gradually reducing exposure to traditional multi-market funds and migrating some individual stock allocations to ETFs. tribunadepetropolis.com.br · dev.tnonline.com.br · tnonline.uol.com.br

Sources

ETFs mudam arquitetura das carteiras e redefinem espaço da gestão ativa | Tribuna de Petrópolis [tribunadepetropolis.com.br]

25 days ago

ETFs mudam arquitetura das carteiras e redefinem espaço da gestão ativa | TNOnline [dev.tnonline.com.br]

25 days ago

ETFs mudam arquitetura das carteiras e redefinem espaço da gestão ativa | TNOnline [tnonline.uol.com.br]

25 days ago