Citi launches onshore real-denominated structured fund

Citi launches onshore real-denominated structured fund

brazil-flag
Investors in Brazil are seeking exposure to global recovery

Citi has launched the first onshore real-denominated structured fund linked to a basket of US stocks in response to demand from investors in Brazil for diversification away from domestic underlyings.

The fund, which closed on Thursday, June 23, raised 146.2 million reais ($91 million). It was marketed to Citi's mass affluent, high-net-worth and ultra-high-net-worth clients and is likely to be the first of many such launches.

"The fund exceeded our expectations," says Nicholas Parcharidis

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: