{"id":49101,"date":"2021-03-23T16:57:35","date_gmt":"2021-03-23T15:57:35","guid":{"rendered":"https:\/\/www.esteri.it\/sala_stampa\/archivionotizie\/comunicati\/2021\/03\/diplomazia-economica-italiana-23-marzo-ultime-news-dal-mondo_0-2\/"},"modified":"2021-03-23T16:57:35","modified_gmt":"2021-03-23T15:57:35","slug":"diplomazia-economica-italiana-23-marzo-ultime-news-dal-mondo_0-2","status":"publish","type":"post","link":"https:\/\/www.esteri.it\/en\/sala_stampa\/archivionotizie\/approfondimenti\/2021\/03\/diplomazia-economica-italiana-23-marzo-ultime-news-dal-mondo_0-2\/","title":{"rendered":"Italian Economic Diplomacy 23 March: breaking news from around the world"},"content":{"rendered":"<p><strong>BRAZIL &#8211; AZIMUT\u2019S USD 125 MILLION ACQUISITION<\/strong><\/p>\n<p>Via its AZ Brasil Holdings subsidiary, the Azimut Group has signed an agreement to acquire 100% of the capital in MZK Investimentos, an independent asset management company\u00a0specialised\u00a0in macro strategies, with\u00a0over\u00a0600 million Real (125 million\u00a0US dollars) in\u00a0assets\u00a0managed. Azimut has nine offices in Brazil, in 5 cities, in 4\u00a0States: its head office is in San Paolo. Following its entry into Brazil in 2013, the Group has grown with a series of local acquisitions and joint ventures, and came to manage 25 billion Reals (about 5 billion\u00a0US dollars) in 2020. In 5 years AZIMUT has increased the value of the assets managed ten-fold, thanks to the reduction in interest rates in the Country in recent years.<\/p>\n<p>In Brazil, AZ Brasil Holdings\u00a0is mainly engaged\u00a0in two types of activities, via two subsidiaries: the AZ Quest savings management company that specialises in managing shareholding funds, macro, long, and short-term funds, debentures, credit, and liquidity (17 billion Reals of savings managed), and Azimut Brazil Wealth Management that provides investment solutions for various personal profiles (8 billion Reals of savings managed).<\/p>\n<p>The common funds industry in Brazil manages\u00a0over 1,000 billion US dollars, a very large part of which is in the assets of banking\u00a0giants\u00a0in the Country (Banco do Brasil, Caixa, Santander, and Bradesco),\u00a0while\u00a0Azimut is one of the leading independent operators in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"BRAZIL &#8211; AZIMUT\u2019S USD 125 MILLION ACQUISITION Via its AZ Brasil Holdings subsidiary, the Azimut Group has signed an agreement to acquire 100% of the capital in MZK Investimentos, an independent asset management company\u00a0specialised\u00a0in macro strategies, with\u00a0over\u00a0600 million Real (125 million\u00a0US dollars) in\u00a0assets\u00a0managed. Azimut has nine offices in Brazil, in 5 cities, in 4\u00a0States: its [&hellip;]","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[398,3],"class_list":["post-49101","post","type-post","status-publish","format-standard","hentry","category-approfondimenti","tag-america-latina-e-caraibi","tag-diplomazia-economica"],"_links":{"self":[{"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/posts\/49101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/comments?post=49101"}],"version-history":[{"count":0,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/posts\/49101\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/media?parent=49101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/categories?post=49101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.esteri.it\/en\/wp-json\/wp\/v2\/tags?post=49101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}