Itaú Asset

Itaú Asset, based in São Paulo, Brazil, provides asset management services including hedge funds, equities, fixed income, and funds of funds strategies, primarily focused on Latin American markets. Operating as a subsidiary of Itaú Unibanco, the firm manages over R$836 billion in assets under management. It employs more than 280 professionals, including 21 investment team staff, and manages 15 hedge funds. The organization has emphasized ESG integration since 2004, achieving full integration across eligible assets by 2014. Key figures associated with its parent company, Itaú Unibanco, include Roberto Setúbal and Pedro Moreira Salles, with Percy Moreira also holding leadership roles within the broader group. Itaú Asset was established in 1957. Its business model centers on operates as a subsidiary of Itaú Unibanco, earning revenue through asset management fees from hedge funds and other investment products.