XP International has announced the expansion of its product offering through an alliance with Allfunds, a global fund platform. According to the company, the initiative seeks to expand access for Brazilian investors to international strategies and asset managers, maintaining selection processes and due diligence in choosing the products offered.
With this change, the platform now provides access to a broader range of global funds and strategies, expanding allocation alternatives across different asset classes abroad. The new products have been available exclusively through the XP app since March 16.
According to Fabiano Cintra, head of international funds at XP, “it is a strategic step for our international platform, because it expands access to the most in-demand global funds.” The executive states that the goal is “to combine technical selection and a high level of product sophistication, allowing access to opportunities abroad that were previously restricted to more specific profiles.”
For his part, Diego Correia, director of the international investments area at XP, highlights that “this evolution of the international offering reflects the demand for greater diversity of global products, with different strategies and asset classes.” According to him, the alliance makes it possible “to select and offer competitive products suited to the profile of the Brazilian investor, preserving governance and quality.”
The expansion also includes the offering of UCITS ETFs, vehicles domiciled in Europe, known as “Irish ETFs,” widely used by international investors. According to Cesar Florido, head of Investment Solutions and portfolio manager at XP, “in practice, the proposal is to democratize global investment products and strategies for all XP clients.” He adds that the expansion will allow access to “boutique asset managers specialized in specific sectors and strategies, as well as a wide range of alternative funds.”
In addition to expanding its international offering, XP International has also begun to include proprietary funds from XP Asset in its global offering. The strategies include asset allocation funds with balanced allocation across different asset classes, aimed at investors seeking structured solutions for investing abroad.
Correia states that the initiative “responds to a recurring need of the investor” and adds that “the expansion also aims to make the ‘what to invest in’ phase more seamless, with products that reflect allocation discipline and the experience accumulated by XP over the years.”
According to the company, this move is part of the strategy to evolve its global investment platform, in line with the increasing complexity of international allocation decisions and the maturation of the Brazilian investor.
