The FIAFIN (Ibero-American Federation of Investment Funds) Annual Convention brought together leaders from across Latin America to explore how innovation, regulation, and sustainability are shaping the future of the investment fund industry. Held on November 25 and 26 in Buenos Aires, the event reinforced Brazil’s growing role as a gateway for global capital into the region, an agenda strongly supported by Anbima (Brazilian Financial and Capital Markets Association).

Over two days, industry experts discussed how disruptive technologies like artificial intelligence are transforming the way portfolios are built and managed. Anbima’s CEO, José Carlos Doherty, joined Jefferson L. Matias Oliveira, director at PwC’s Asset & Wealth Management practice in Europe, in a conversation about the potential for AI to deliver fully personalized portfolios in the next 10 to 15 years and how data will drive investment decisions.

Sustainable finance agenda

Soraia Barros, Anbima’s head of Management and Fiduciary Services Representation, presented the association’s ESG strategy in a panel alongside Rebeca Lima, director at the Glasgow Financial Alliance for Net Zero (GFANZ), and Ernesto Reyes, director-general of Mexico’s AMIB (Asociación Mexicana de Instituciones Bursátiles). The panel covered the progress of the sustainable finance agenda in Brazil and Anbima’s role in global forums, including its participation at the PRI in Person conference in São Paulo and the COP30 in Belém.

Beyond the public discussions, FIAFIN’s annual general assembly provided a platform for members to align priorities across Latin American markets. Anbima presented the progress of the self-regulation working group it currently chairs and laid the groundwork for 2026 initiatives, which will include deeper discussions on tokenization and asset valuations.

Strengthening Brazil–Portugal relations

Also in November, Anbima took part in a special event in São Paulo aimed at fostering closer ties between the Brazilian and Portuguese financial markets. The initiative was organized in partnership with Ancord (National Association of Brokerage Firms), Abrasca (Brazilian Association of Listed Companies), and Portuguese law firm PLMJ.

The program covered the taxation of investments in Portugal, the country’s economic and financial landscape, and potential synergies with Brazil. 

Doherty delivered the opening remarks, while Tatiana Itikawa, Anbima’s chief of Regulatory Policy, Business Development, Self-Regulation, and International Affairs, highlighted ongoing discussions at the association to support Brazilian institutions and investors interested in operating in Portugal and Europe. 

She also outlined the opportunities the Brazilian market offers to Portuguese stakeholders. The event featured a keynote by Otto Lobo, chair of Brazil’s Securities and Exchange Commission (CVM).