Bradesco AM to expand in Asia beyond Japan
The Brazilian fund house plans to replicate its Japan distribution model elsewhere in the region and foresees demand for its long-only and private equity products.
São Paulo-based Bradesco Asset Management (Bram) plans to ramp up its Asia effort by putting a sales executive in place in Hong Kong and emphasising the attraction of Brazil's infrastructure sector.
The individual will most likely be put in place in the second half of the year in Bradesco Securities’ Hong Kong office, which opened in February. (Both the funds and securities units are part of Brazil’s Bradesco group, one of the country’s largest banks.)
“We certainly see the seco…
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