Wealth manager targets innovation

The investment management area of Banif, the Portuguese financial group, has been establishing a successful track record in terms of Growth and Innovation.

Banif Investment Managers (BIM) recorded strong growth in 2010, with assets under management (in mutual funds, real estate funds, alternative asset funds, pension funds and other managed portfolios) reaching €4bn in December 2010, largely in Portugal, Brazil and Spain, a growth of 28 percent over the year.

This growth in AuM took place in the final stage of a 5-year period between December 2005 and the end of 2010, during which AuM recorded sustained and significant growth of 127 percent.

Besides the growth in AuM and income, Banif Investment Managers has been trying to position itself strategically as an innovative and added-value investment manager, providing asset management services to retail, private banking and institutional clients in several countries by setting up unique and innovative investment products, especially in alternative asset areas such as art and media, energy and environment, real estate, infrastructure, subordinated debt, emerging markets (in particular Brazil, where we are currently developing a similar strategy of creating a range of added-value mutual, real estate and alternative funds) and absolute long/short return Iberian equities. We were the first in Portugal, in early 2004, to launch a fairly flexible Special Purpose Investment Fund whose legal framework and regulations were created at the end of 2003. This cornerstone legislation was behind the outstanding growth in AuM of these funds over the last seven years. 

BIM is managing these and its other funds from its Lisbon head office (25 investment managers for mutual funds, real estate funds, alternative/private equity funds, pension funds and other portfolios), from its São Paulo (Brazil) office and also by setting up specific partnerships with other entities in Portugal, Brazil and Spain.

Banif Investment Managers positions itself as a key player in the investment management business and aims to develop this business over the next few years by entering markets where we can establish and develop our skills and know-how in several areas, either on a stand-alone basis or by building new partnerships in sectors or geographical areas, with interesting potential for the future.

Funds managed by BIM
– Art Fund
– Cinema and Media Fund
– Subordinated Debt Funds
– Carbon Credits Fund (as advisor)
– Renewable Energy Fund (as advisor)
– Infrastructure Funds
– Balanced Multi Asset Brazilian Funds
– Brazilian Real Estate Funds
– Long/Short Iberian Equity Fund
– Real Estate Fund (with Oporto Municipality)
– Tailor-made privately held Real Estate Funds

Raul Marques is Vice-Chairman of Banif Investment Managers

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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