trending Market Intelligence /marketintelligence/en/news-insights/trending/vixsBEis2SBQbvP9qfC02A2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Franklin Templeton Investments willing to acquire asset manager in Brazil

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Franklin Templeton Investments willing to acquire asset manager in Brazil

Franklin Templeton Investments is thinking about buying an asset manager in Brazil with the aim of entering the country's credit-fund market, Bloomberg News reported, citing Marcus Vinicius Goncalves, the company's CEO for Brazil.

"We have credit funds everywhere else in the world, but not in Brazil," the executive said in an interview with Bloomberg. "We'd be willing to acquire an asset manager, especially one with a credit desk."

The Franklin Resources Inc. unit is predominantly interested in funds backed by receivables, known in Brazil as FIDCs. Goncalves said there is "a huge market for that business, but it's underdeveloped." Franklin Templeton will probably not acquire a minority stake in another manager, but it is open to possible joint ventures with Brazilian firms, the executive added.

According to the report, Brazil's credit-fund market has flourished as record-low benchmark interest rates have pushed investors to search for higher yields outside of government securities.

The company has 30 employees in the South American country and manages roughly 7.4 billion Brazilian reais there.

As of March 25, US$1 was equivalent to 3.87 Brazilian reais.