Brazil’s XP adds new themes via custom plays

Brazilian investment management company XP has launched multiple notes linked to differing baskets in a bid to diversify its product suite. According to Rafael Miranda (pictured) , head of structured sales at XP, the bank recorded its best quarter to date and has maintained a strong performance in terms of volume distribution. “Our strong results came from global equities doing well and since local investors have few alternatives to invest abroad, they have been allocating into structure