Funds have net funding of $2.4 bn

Investment funds are registering net inflows of funds, despite the crisis caused by the coronavirus. In the accumulated result for the month up to last Friday, the 20th, the fund industry recorded a net inflow of R$ 11.9 billion ($2,4 billion), according to data from the Brazilian Association of Financial and Capital Market Entities (Anbima). Among the modalities, the highlight was the equity funds, with funding exceeding redemptions by R$ 5.8 billion ($ 1,2 billion) in the period.

Source: Infomoney