Cal Gustavo Constantino

SBG is an active manager which bases their investment decisions on a process established by multiple investment committees. For the firm’s fixed-income and multimarket funds, they utilize a top-down approach to construct portfolios. Their macroeconomic committee defines a central economic scenario used by portfolio managers to make strategic and tactical investment decisions and their Fixed Income and Multimarket Committees determine asset allocation strategies. For equity funds, SBG employs a combination of top-down and bottom-up approaches, focusing on fundamental research.

SAM Brasil is an active, medium- to long-term manager which invests globally in debt and equity across sectors and market-caps. The firm's Investment Committee, composed of regional directors and fund managers, selects the securities to be included in their funds and defines the investment strategy.