Brazil ETF Assets Triple to $22.8 Billion as Demand for High-Yield Debt Funds Surges
Updated
Updated · Bloomberg · Jul 26
Brazil ETF Assets Triple to $22.8 Billion as Demand for High-Yield Debt Funds Surges
1 articles · Updated · Bloomberg · Jul 26
Summary
116 billion reais ($22.8 billion) now sits in Brazil’s locally listed ETFs, nearly triple the level of two years ago as new products and fresh inflows accelerated market growth.
Tax-efficient access to Brazil’s high-yield debt market has been a key draw, with issuers tailoring funds to domestic investor demand rather than relying on imported strategies.
BTG Pactual Asset Management and Itaú Asset Management are among firms rapidly expanding their ETF businesses to capture that demand.
Across Latin America, local ETF markets are also gaining momentum, with Mexico, Chile and Colombia posting record appetite for domestically listed offerings.