Brazil’s Biggest Money Managers
Brazil Rankings
Total Assets
Banco do Brasil Administradora de Ativos in Rio de Janeiro, with $112.7 million in assets under management, captures the top spot in the Brazil 20, Institutional Investor's inaugural ranking of the country's biggest money management firms. In second is São Paulo–based Banco Itaú, with $90.2 million. The state-owned Caixa Econômica Federal in São Paulo comes in third, with assets under management totaling $81.3 million.
 |
| 11 |
BNP Paribas Asset Mgmt Brasil (São Paulo) |
13,402
|
| 12 |
Credit Suisse (São Paulo) |
13,186
|
| 13 |
Banco Safra de Investimento (São Paulo) |
11,949
|
| 14 |
Banco Nossa Caixa (São Paulo) |
11,670
|
| 15 |
Votorantim Asset Mgmt (São Paulo) |
10,673
|
| 16 |
Opportunity Asset Mgmt (Rio de Janeiro) |
9,078
|
| 17 |
BNY Mellon Asset Mgmt Brasil (Rio de Janeiro) |
7,742
|
| 18 |
Sul América Investimentos (São Paulo) |
5,749
|
| 19 |
Schroder Investment Mgmt Brasil (São Paulo) |
3,075
|
| 20 |
BBM Gestão de Recursos (Rio de Janeiro) |
2,624
|
|
All assets are as of September 30, 2007, converted from reais using the exchange rate on that date.
