Brazil’s investment has recently undergone a series of problems which include political scandals, business recession, and high inflation. As a result, many investors have opted to shift their capital elsewhere. Some of the best performing investment managers in Brazil include ARX Investimentos, J. Safra Asset Management, Western Asset Management Company, Bradesco Asset Management, BB Gestao de Recursos, and Patria Investimentos among many others.
The inflation rate is running at 8.47% which is above the Central Bank’s projection of 4.5%. This has prompted investors to move to local products such as real estate and agribusiness credit bills, which are offered by commercial banks. It is due to this that banks are now ranked second on the top Brazil Asset Managers.
Corruption and weak commodity prices have seen investors go where they feel secure. According to a survey, wealthy investors have around 30% of their assets elsewhere, which is double compared to that in some years back. Due to the economic problems experienced, banks and other investment managers have changed their approach for them to remain in the market. The public offerings have also reduced and resulted in Brazil’s companies becoming cheaper.
Cassio Ellias Audi is an investment manager who was born in 1942. Cassio has been involved in significant companies operations in Brazil. They include; Rossi Residencial SA, Gillette Do Brasil, and Brascan real Estate Partners LLC. Cassio has a lot of experience in the investment sector in Brazil and has a broad range of relationships with investment professionals. Notable professionals he has worked with include Leonardo Diniz, the current CEO at Rossi Residencial SA, Renato Gamba Rocha Diniz, Adriana Godinho, Rodrigo Ferreira Medeiros da Silva among others.
Cassio attended Pontifícia Universidade Católica de São Paulo from 1989 to 1994, where he earned a Bachelor’s Degree. He furthered his studies in Universidade de São Paulo from 1999 to 2000, where he graduated with an MBA. Cassio started working as an investment analyst at JPMorgan Chase and Company. He later went to Brascan Real Estate Partners LLC, where he worked as the chief financial officer. Cassio then went to work at Gillette Do Brasil as a chief financial officer before proceeding to Rossi Residencial SA as the chief financial officer.