VanEck announced a majority investment in Investo, a rapidly growing Brazilian ETF provider. This deal reinforces VanEck’s commitment to the rapidly growing LatAm markets and positions Investo as a significant force in the region’s ETF industry.
VanEck is a significant player in commodities, emerging markets, gold shares, semiconductors, large-cap U.S. stocks, and other areas. The firm’s strategic investment in Investo indicates a noteworthy expansion beyond established markets in the U.S., Australia, and Europe into the dynamic financial markets of Latin America, with Brazil being a focal point.
Investo, known for its innovative approach in the Brazilian ETF market, has differentiated itself through its leadership and creative financial products, such as those that closely track the Sedilic rate or the inflation targeting system.
With the guidance of Investo CEO Caue Mancanares and the management team, Investo has successfully navigated the complex landscape of Brazilian finance to set the stage for rapid growth and increased market share. Plus, VanEck’s investment will provide Investo with the capital, investment expertise, and resources necessary to scale operations and enhance its product offerings.
Both of the firms are committed to providing Brazilian investors with access to innovative investment products, setting a new standard for excellence in the LatAm ETF industry.
VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. And as of February 29, 2024, VanEck managed about $92.5 billion in assets, including mutual funds, ETFs, and institutional accounts.
KEY QUOTE:
“Investo’s track record of innovation in the ETF space aligns perfectly with VanEck’s vision for growth in Latin America. We are excited to contribute our global resources and investment expertise to support Investo’s strategic goals for the Brazilian market.”
– Jan van Eck, CEO of VanEck
