Rodrigo Amaral finds the allure of the fast-growing emerging market and operational hurdles have led Brazilian pension funds to stick to their home-country bias
Following the first anniversary of Previc, Rodrigo Amaral spoke to its superintendent director Ricardo Pena Pinheiro about the challenges ahead
SOUTH KOREA/JAPAN/BRAZIL - South Korea's National Pension Service and Posco, the world's third-biggest steelmaker, will buy a combined 15% stake in a Brazilian niobium producer with a group of Japanese companies.
US/BRAZIL - The California Public Employees' Retirement System (CalPERS) has committed $190m to a $200m Brazilian real estate fund.
BRAZIL - Brazilian state pension funds Funcef, Petrus and Previ will have a stake in the Belo Monte hydropower dam that will be built in the Amazon, an official with the state-run electricity company said.
BRAZIL - Lane Clark & Peacock has expanded its international network by partnering with Brazilian consultancy Rodarte Nogueira.
BRAZIL - Brazil's lower house of parliament has approved a 7.7% increase in pension payments for some of the country's pensioners but serious obstacles remain before it can go into effect, including a possible veto from president Luiz Inacio Lula da Silva....
A conservative investment approach meant Brazilian pensions suffered only minor scrapes during the crisis, but too-strong funding levels bring problems of their own, as Dorothee Gnaedinger reports
Rodrigo Amaral speaks to Wagner Pinheiro, president of Petros, Brazil's second largest complementary pension fund, about positioning his portfolio to tap the booming equity market and to take advantage of more flexible regulations
Brazil's conservative economic policy has helped the country shed its image as one for the faint-hearted investor to ignore, as Rodrigo Amaral reports
BRAZIL - Brazilian pension funds may sell as much as 70bn reais ($39 billion) of government bonds after falling interest rates led regulators to lift limits on investing in non fixed-income assets, according to SulAmerica Investimentos.
BRAZIL - The government of Brazil has lifted the limits on pension fund investments, allowing up to 70% of assets to be allocated to equities and backing exposure to international markets.
GLOBAL - Corporate pension schemes are lagging behind other categories of asset owners in signing up to the United Nations Principles of Responsible Investment, a consultant claimed.
BRAZIL - The Canada Pension Plan Investment Board (CPPIB) and the Government of Singapore Investment Corporation (GIC) have teamed up with a Brazilian real estate developer to build a portfolio of commercial real estate properties.
BRAZIL - Institutional investors have banded together to urge the Brazilian securities regulator, the Commissão de Valores Mobiliários (CVM), to provide greater legal protections for minority shareholders.
SOUTH AMERICA - The Bank of New York Mellon Corporation has completed the acquisition ARX Capital Management, an independent asset management business headquartered in Rio de Janeiro, Brazil.
BRAZIL - A Brazilian investment firm claims to have recruited a US$40bn pension plan and a £25.9bn ($52bn) British scheme in its bid to create a Brazil-oriented fund containing of some of the world's 300 largest pension funds.
BRAZIL - The World Bank has approved a US$5m loan earmarked for a second wave of improvements to Brazil's Public Sector Pension System (RPPS).
BRAZIL - The link between the minimum pension and the minimum wage must be severed to prevent further rises in the deficit of the Brazilian social security regime for the private sector.
BRAZIL - The Brazilian federal government has published new tax rules for pension fund investment that change the way tax is calculated for private pensions, encouraging long-term investment.
BRAZIL - ANAPP, the National Association of Private Social Security in Brazil, is lobbying the government to have private pension funds included under newly introduced legislation that removed the former tax on the movement of investments.
BRAZIL - The private sector pension industry in Brazil is concerned new legislation allowing unions to set up their own pension funds will have damaging ramifications for the pensions industry as a whole.
BRAZIL - The Brazilian Congress is poised to vote within the next few days on a new tax regulation proposal for pension funds aimed at increasing long term investments.
BRAZIL - Newly introduced governance regulations for Brazilian pension funds could force defined benefit plans to establish formal funding policies - a measure rarely seen in the South American country's pension industry - says Mercer Human Resource Consulting...