Game-changers after July 2015

Brazilian Fund Regulator Eases International Investment Rules, Setting Stage for Wave of Cross-Border Offerings

Date:

Brazilian Fund Regulator Eases International Investment Rules, Setting Stage for Wave of Cross-Border Offerings

Author: Alicia Miguel

  1. Brazil’s Comissão de Valores Mobiliários (CVM) has published new regulations that will make international investing by local investors much more accessible to individual investors
  2. One of them broads international investment limits by local funds and the second one resets the criteria for qualified investors and also creates the figure of the professional investor
  3. Latin Asset Management anticipates that the rule changes will provoke many global fund managers to establish a local presence in Brazil, and encourage many others to establish distribution relationships with local players