CAIXA Asset Management, one of the largest asset managers in Brazil and Latin America, with more than R $ 370 billion in assets under management (AUM), has adopted Bloomberg’s Asset and Investment Manager (AIM).
CAIXA AM will use the full suite of Bloomberg AIM solutions, including portfolio analytics and risk management, trade execution and compliance tools. The AIM suite helps increase efficiency and lowers costs by optimizing operations to ensure compliance with regional rules and regulations. In addition, the consistency of data, execution and flow of operations available through Bloomberg AIM, will support the future growth of Caixa’s business.
CAIXA AM also expanded subscriptions to the Bloomberg Terminal, the technology platform used by the world’s leading business and financial professionals for data, news and trading in any asset class.
“Caixa is continually investing in new technology and this is one more step in our efforts to modernize our operations keep Caixa at the forefront of third-party asset management by strengthening its operations and contributing to maintaining its leading position in the industry,” said Fabiano Zimmermann, Executive Director of Third Party Asset Management. “We have taken an important step towards enabling the expansion of CAIXA’s product portfolio, focusing on offering more sophisticated and value-added products to our customers.”
Geraldo Coelho, Bloomberg’s Head of Sales for Latin America, said, “Clients like Caixa AM work with a global client-base, and need the same scalable technology that their global clients use. They need an integrated technology solution such as Bloomberg AIM to provide an optimized end-to-end workflow to support their needs. We look forward to working with them to implement Bloomberg AIM which is used by 14,000 professionals in over 90 countries globally, to help position them for future growth.”
“Caixa is continually investing in new technology and this is one more step in our efforts to modernize our operations keep Caixa at the forefront of third-party asset management by strengthening its operations and contributing to maintaining its leading position in the industry,” said Fabiano Zimmermann, Executive Director of Third Party Asset Management. “We have taken an important step towards enabling the expansion of CAIXA’s product portfolio, focusing on offering more sophisticated and value-added products to our customers.”
Geraldo Coelho, Bloomberg’s Head of Sales for Latin America, said, “Clients like Caixa AM work with a global client-base, and need the same scalable technology that their global clients use. They need an integrated technology solution such as Bloomberg AIM to provide an optimized end-to-end workflow to support their needs. We look forward to working with them to implement Bloomberg AIM which is used by 14,000 professionals in over
About CAIXA
CAIXA is the third largest financial institution in Brazil and an agent of the Federal Government in infrastructure, housing and sanitation projects aimed at social and economic development in the country. CAIXA AM, on the other hand, was created in 1991 and is currently the fourth largest third-party asset manager in the country, with a portfolio of approximately 400 products including investment funds and managed portfolios. As a result of its investment capacity and sound structure, Fitch Ratings affirmed the Management Investment Management Quality rating as “Strong” in 2019. Since 2013, the Manager has been a signatory to the PRI (Principles for Responsible Investment), reflecting its commitment to incorporating global best practices for responsible investment. Finally, it is worth highlighting the recognition of the quality and excellence of Caixa Investment Funds by the market, given the consecutive awards received by the manager in recent years.
About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg’s enterprise solutions build on the company’s core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively.90 countries globally, to help position them for future growth.”