Brazil’s growing integration into international markets and the increasing sophistication of its investment industry were at the center of discussions at Cayman Connect São Paulo, held in early October. Organized by Cayman Finance, the forum brought together asset managers, family offices, compliance professionals, and institutional investors for a morning of dialogue and networking. 

The event spotlighted the Cayman Islands’ intent to support the Brazilian investment ecosystem, leveraging itself as an option for fund structuring and cross-border capital flows. Discussions emphasized how Cayman structures align with the practical needs of international investors, offering efficient access to overseas markets. 

Resolution 175, issued by the Securities and Exchange Commission of Brazil (CVM), was recognized as a key milestone in this process. 

“This is a turning point for the Brazilian fund industry,” said Ana Flávia Lopes, head of International Representation at ANBIMA, during the panel Brazil & Cayman – A Legal and Regulatory Update. “CVM Resolution 175 brought significant advances for funds and for investments abroad, and there’s an ongoing agenda focused on improving transparency and facilitating international allocation.” 

Lopes noted that Anbima continues to work closely with the CVM to present proposals aimed at increasing flexibility and keeping pace with market evolution. 

Innovation was another key topic, with panels examining how Cayman is responding to the future of alternative investments. Developments in ESG, private credit, and digital assets are reshaping investor strategies, and Cayman’s evolving regulatory landscape is positioning the jurisdiction at the forefront of these changes. 

Focus on investor education 

Investor education was also a focal point of Anbima’s participation. As more Brazilian investors explore opportunities abroad, the association is expanding initiatives to help them better understand the risks and rewards of diversification. “We have a strong education agenda to help investors understand how allocating abroad can be a diversification strategy,” said Lopes. 

Panelists agreed that collaboration between regulators, industry associations, and market participants is essential to support innovation and strengthen the competitiveness of both jurisdictions. Lopes reiterated that Anbima is focused on promoting dialogue to better understand the needs of its members and the broader market.