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Fitch: New CVM Instruction Brings Opportunities for Fund Diversification

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SAO PAULO--(BUSINESS WIRE)--According to Fitch Ratings, the main advantage from easing limits for investments abroad established by instruction 555/2014 of the Brazilian Securities and Exchange Commission (CVM), which become effective as of October 1st, is the possibility of portfolio managers and investors to increase diversification of their portfolios, by adding new exposure geographically and among asset classes. In addition, the agency believes that portfolio managers will now have more to

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