IDB Group's Amazonia for All Initiative Has First ETF with BTG Pactual Asset
Brazil, Aug. 12 -- BTG Pactual Asset Management, one of Latin America's largest asset managers, has launched AMAB11, the first exchange-traded fund (ETF) associated with the Inter-American Development Bank Group's (IDB Group) Amazonia for All initiative.The fund marks an important step to broaden access to investments focused on Brazil's Legal Amazon, enabling retail investors to participate in financing initiatives that support the region's sustainable development and strengthen its capital markets. The initiative seeks to encourage a virtuous cycle of sustainable investment in the Amazon.Managed by BTG Pactual Asset Management, AMAB11 plans to invest in financial instruments aligned with the Amazon Bond Issuance Guidelines, developed by t...
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