RIO DE JANEIRO, BRAZIL - The Central Bank of Uruguay (BCU) provided information on the 2020 activity data in asset management of investment advisors and asset managers in Uruguay, which, similar to Switzerland in Europe, is characterized by particular stability, predictability, and trustworthiness in a continent that is regularly shaken by extremes.
The data shows that by the end of 2020, US$28.886 billion in client funds were managed from there, invested mainly in mutual funds and fixed income products.
According to the data published by the BCU, in 2020 there were 92 investment advisors and 63 portfolio managers (including . . .
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