Created in December last year at XP, JP Morgan’s funds that invest in shares of Chinese companies in May exceeded R$ 1 billion in assets, which is the sum of the cash value of all the fund’s securities. According to the broker, this was the fund that grew the fastest on its international platform.
For comparison purposes, XP states that two other international funds took six to ten months to reach the same amount in equity.
“Brazilians are increasingly looking for allocations around the world. China is no longer an exotic option and has become a basic investment basket,” says Fabiano Cintra, a specialist in international funds at XP.
with Mariana Grazini e Andressa Motter
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