Presentation Transcript

1. ENHANCING BUSINESS AND INVESTMENT OPPORTUNITIES BETWEEN BRAZIL AND LUXEMBOURGSAO PAULO, OCTOBER 17, 2012 This event is organised with the kind support of:

2. Keynote address

   H.E. Mr Luc Frieden Minister ofFinance, Grand Duchyof Luxembourg

3. SETTING THE SCENE: BRAZIL MEETS LUXEMBOURG

   Paulo Oliveira CEO, BRAIN

4. LUXEMBOURG: IDEAL PARTNER TO EXPAND THE INTERNATIONAL BUSINESS OF Brazilian COMPANIES

   Carlo Thelen Member ofthe Managing Board, Luxembourg Chamberof Commerce

5. Luxembourg, A GLOBAL Hub for financial services

   Fernand Grulms CEO, Luxembourg forFinance

6. LUXEMBOURG, AN INTERNATIONAL REGULATED FUND CENTER: AN OVERVIEW OF UCITS AND OTHER VEHICLES

   Moderator: Marc Saluzzi, Chairman, Assoicationofthe Luxembourg Fund Industry (ALFI) Experts: Georges Bock, Managing Partner, KPMG Luxembourg Rafik Fischer, General Manager- Head of Global Investor Services, KBL European Private Bankers Jon Griffin, Managing Director, JP Morgan Asset Management (Europe) Denise Voss, Conducting Officer, Franklin Templeton Investments Jérôme Wigny, Partner, Elvinger, Hoss & Prussen Ricardo C. Kaufmann, Executive Director, BTG Pactual
7. Funds Product/regimeoverview UCITS Distribution impact SIF (Specialized Investment Funds) All asset classes Qualifying investors only Lower level of regulation Diversification requirement Transferable securities only Public distribution – EU Passport High level regulation AIFMD UCI Part II All asset classes Public distribution – no EU passport Medium level regulation SICAR Risk capital only Qualifying investors only Lower level of regulation Flexibility
8. Luxembourg funds: the vehicle of choice for cross-border distribution Luxembourg market share of foreign cross-border funds registered for sale Sweden, 71% Germany, 67% Switzerland, 70% South Korea, 100% France, 70% Japan, 61% Taiwan, 75% Bahrain, 76% Hong Kong, 73% Singapore, 71% Peru, 64% Chile, 73% Luxembourg UCITS distribution market Source: Global Fund Distribution analysis December 31, 2011.
9. Cross-border funds:an eu success story Number of cross-border funds and registrations Source: Global Fund Distribution analysis December 31, 2011
10. A FULL FLEDGED MARKET INFRASTRUCTURE… PSF 324 Stock exchange 6.398 listedfunds 344 Management Companies (including 3rd party ManCo) Auditors/ lawyers 3 864 funds €2,300bn 13,000 jobs … to support your international ambitions

11. LUXEMBOURG, INTERNATIONAL SERVICE PROVIDER FOR BRAZILIAN ENTREPRENEURS

    Introduction: Carlo Thill, ViceChairman, The Luxembourg Bankers‘ Asssociation Moderator: Franciso da Cunha,Director, DeloitteTax & Consulting Experts: José Da Silva, Head ofLatin American Markets, BGL BNP Paribas Guilherme Bezerril, Head ofLatin American, SGG Jean-Philippe Leroy Managing Director, Bradesco Europa SA Testimonial: Carlo Panunzi, Vice Chairman ofthe Board ofArcelorMittal Brasil

12. Luxembourg, international service provider for Brazilian entrepreneurs

13. SETTING UP A LUXEMBOURG HEADQUARTER – IT WORKS! Jean-Philippe Leroy, ManagingDirector, Bradesco Europa SA Jose Da Silva, Head of Latin American Markets, BGL BNP Paribas Guilherme Bezerril, Head of Latin America, SGG Carlo Panunzi, Vice Chairman ofthe Board ofArcelorMittal Brasil
14. 40% of European economic added value is situated whithin a 500 km radius. (70% whithin 700km) Frankfurt 30 mins Amsterdam 350 km London 45 mins Berlin 1,5h Brussels 200 km Vienna 1h Prague 1,5h Paris 2h Zurich 1h Milano 1,5h Lisbon 2h Madrid 2h
15. WHY BRAZIL IS GOOD FOR LUXEMBOURG Internationalisation ambitions of Brazilian entrepreneurs Growth fundamentals Brazilian economy Luxembourg exports to Brazil A priority for Luxembourg Investments in servicing capacity of Luxembourg Private Banks to Brazilian entrepreneurs Source of inspiration and strength Intercultural fit! - Multicultural and multilingual services
16. WHY LUXEMBOURG IS GOOD FOR BRAZIL Ideal hub and gateway for investing in and via Europe Growing number of multinationals with European HQs in Luxembourg Strong ties with Brazil - 2nd FDI partner Safe place for investors Stock Exchange specialized in international bond listings International financial centre specialized in cross-border activities Intellectual Property friendly EU market = 500 M consumers Intercultural fit! - Multicultural and multilingual services
17. WHY LUXEMBOURG IS GOOD FOR BRAZIL Growing importance of Latin American Investments in Luxembourg … Specialized in serving the mostsophisticated clients … PB LUXEMBOURG GROWTH MARKETS
18. BUSINESS SERVICE PLATFORM
19. SERVICE OFFERING TO ENTREPRENEURS AND THEIR FAMILIES Family office Tax/ retirement Succession planning Estate Planning Wealth & corporatestructuring Art & collectibles Property & Real EstatePhilanthropy PrivateEquity Microfinance / SRIs / Islamic Finance Cash management Trade Finance Corporate / InvestmentBanking Wealth Management Wealth Management Family office Tax / retirement Succession planning Estate Planning Wealth & corporate structuring Art & collectibles Property & Real Estate Philanthropy Private Equity Microfinance / SRIs / Islamic Finance Cash management Trade Finance Corporate / Investment Banking Wealth Management Investment Services Investment Services SOPARFI SICAR Direct AdvisoryTax / retirement AdvisorymgtMarketresearch Brokerage Pension products DiscretionarymgtInsurance solutions InvestmentfundsWealthStructuring Structuredproducts Direct Advisory Tax / retirement Advisory mgt Market research Brokerage Pension products Discretionary mgt Insurance solutions Investment funds Wealth Structuring Structured products SIF Clientsophistication Investment Services Daily Banking Services Daily Banking Services Property and personal credits Deposit and saving accounts Credit Cards Daily banking offering Property and personal credits Deposit and saving accounts Credit Cards Daily banking offering Daily Banking Services Complexity of solutions
20. High quality health care system and solutions Language & mindset – truly cosmopolitan Safest capital in the world
21. CONCLUSION
22. Thank you! www.lUXEMBOURGFORFINANCE.lu 22