Bank / Wealth / Trust

Updated:

Franklin Templeton Brasi Ltda

Western Asset Management Brazil is a wealth manager based in São Paulo, Brazil. It manages approximately $12.2 billion in assets, primarily serving the Latin...

Franklin Templeton Brasi Ltda logo

Franklin Templeton Brasi Ltda

Western Asset Management Brazil is a wealth manager based in São Paulo, Brazil. It manages approximately $12.2 billion in assets, primarily serving the Latin America and Caribbean region.

General information

Firm type

Bank / Wealth / Trust

Location

Region

Latin America

Country

Brazil

City

São Paulo

Corporate office

São Paulo, Brazil

Frequently asked questions

What types of fixed-income strategies does the Brazil office run?

The São Paulo team manages actively managed local-currency sovereign debt, inflation-linked government bonds, and investment-grade corporate credit portfolios. Strategies are concentrated in liquid, publicly traded instruments tied to the Selic rate cycle and domestic yield curve, with no private-credit or direct-lending mandates.

Which types of clients does Western Asset Management Brazil serve?

The Brazilian office serves institutional allocators — including pension funds, insurers, and corporate treasuries — alongside private-banking and wealth-management platforms that distribute Western Asset strategies to high-net-worth Brazilian investors. The firm operates primarily as a sub-advisory and institutional separate-account manager within the local market.

How is investment decision-making structured between São Paulo and the global platform?

The Brazil team executes local portfolio management within frameworks set by Western Asset's global investment committee and emerging-market debt strategy group. Day-to-day trading, credit analysis, and duration positioning specific to Brazilian instruments are conducted onshore, while asset allocation and risk parameters are coordinated with the firm's centralized macro and risk-management functions.

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