The private banking industry in Brazil turned R $ 337 billion by September this year, up 15.9% from R $ 290.5 billion computed by December 2009. This amount is divided by 62,700 wealthy customers. The funds are the preferred choice for investors with 42% of total volume, followed by fixed income assets with 34% variable income assets with 19% and other investments such as savings and open pension with 5%. O Estado de Sao Paulo has the largest share of resources, with 58% share, but some regions like the Midwest show strong growth. And the industry employs 1483 professionals. Source: Anbima/Jornal Valor
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