{"id":35039,"date":"2025-09-24T06:37:52","date_gmt":"2025-09-24T10:37:52","guid":{"rendered":"https:\/\/flexfunds.com\/informe-anual-2025\/"},"modified":"2025-10-06T14:01:48","modified_gmt":"2025-10-06T18:01:48","slug":"relatorio-anual-2025","status":"publish","type":"page","link":"https:\/\/flexfunds.com\/pt-br\/relatorio-anual-2025\/","title":{"rendered":"Relat\u00f3rio Anual 2025"},"content":{"rendered":"<p><picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Mask-group.webp \"  type=\"image\/webp\"><img fetchpriority=\"high\" decoding=\"async\" width=\"287\" height=\"246\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Mask-group.png\" alt=\"Mask group\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2023\/11\/LogoFF_white.webp 372w,https:\/\/flexfunds.com\/wp-content\/uploads\/2023\/11\/LogoFF_white-300x71.webp 300w\" sizes=\"(max-width: 372px) 100vw, 372px\" type=\"image\/webp\"><img decoding=\"async\" width=\"372\" height=\"88\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2023\/11\/LogoFF_white.png\" alt=\"\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2023\/11\/LogoFF_white.png 372w, https:\/\/flexfunds.com\/wp-content\/uploads\/2023\/11\/LogoFF_white-300x71.png 300w\" sizes=\"(max-width: 372px) 100vw, 372px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/logo_FS.webp 355w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/logo_FS-300x56.webp 300w\" sizes=\"(max-width: 355px) 100vw, 355px\" type=\"image\/webp\"><img decoding=\"async\" width=\"355\" height=\"66\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/logo_FS.png\" alt=\"logo FS\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/logo_FS.png 355w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/logo_FS-300x56.png 300w\" sizes=\"(max-width: 355px) 100vw, 355px\"><\/picture>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<h1>III Relat\u00f3rio Anual<\/h1>\n<h3>Setor de Securitiza\u00e7\u00e3o de<br \/>Ativos 2025-2026<\/h3>\n<p>Perspectivas e tend\u00eancias chave para gestores de ativos.<\/p>\n<p>A FlexFunds, em colabora\u00e7\u00e3o com a Funds Society, apresenta a terceira edi\u00e7\u00e3o de seu relat\u00f3rio anual, consolidado como refer\u00eancia para compreender os rumos da gest\u00e3o de ativos por meio de ve\u00edculos titulizados.<\/p>\n<p>Uma an\u00e1lise abrangente baseada na opini\u00e3o de profissionais de mais de 100 empresas do setor, abrangendo Am\u00e9rica Latina, Estados Unidos e Europa.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-6140.webp \"  type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"256\" height=\"41\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-6140.png\" alt=\"Group 6140\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t<\/p>\n<h2>Novidade 2025-26:<\/h2>\n<h2>IRISK, o novo \u00edndice da FlexFunds<\/h2>\n<p>Esta edi\u00e7\u00e3o apresenta o <strong>\u00edndice IRISK<\/strong>, uma ferramenta exclusiva que mede o <strong>n\u00edvel de exposi\u00e7\u00e3o ao risco<\/strong> que os gestores institucionais est\u00e3o dispostos a assumir em suas carteiras.<\/p>\n<p>O IRISK permite antecipar movimentos estrat\u00e9gicos de carteira e oferece uma vis\u00e3o comparativa do ambiente de risco em que atuam os participantes institucionais globais.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group.webp 154w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-133x300.webp 133w\" sizes=\"(max-width: 154px) 100vw, 154px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"154\" height=\"347\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group.png\" alt=\"Group\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group.png 154w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-133x300.png 133w\" sizes=\"(max-width: 154px) 100vw, 154px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/Group-6113.webp 429w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/Group-6113-256x300.webp 256w\" sizes=\"(max-width: 429px) 100vw, 429px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"429\" height=\"502\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/Group-6113.png\" alt=\"Group 6113\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/Group-6113.png 429w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/Group-6113-256x300.png 256w\" sizes=\"(max-width: 429px) 100vw, 429px\"><\/picture>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<h2>O que voc\u00ea encontrar\u00e1 neste relat\u00f3rio?<\/h2>\n<ul>\n<li>\n\t\t\t\t\t\t\t\t\t\t<b>Variables macroecon\u00f3micas<\/b> que marcar\u00e1n las decisiones de inversi\u00f3n en 2025-2026Vari\u00e1veis macroecon\u00f4micas que marcar\u00e3o as decis\u00f5es de investimento em 2025-2026\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\t<b>Uso crescente de ETPs<\/b> como ve\u00edculo estrat\u00e9gico em mercados internacionais\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\tDesafios atuais na <b>capta\u00e7\u00e3o de capital<\/b>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\tVis\u00e3o comparativa entre contas geridas separadamente <b>(SMA) e investimento coletivo<\/b>\n\t\t\t\t\t\t\t\t\t<\/li>\n<li>\n\t\t\t\t\t\t\t\t\t\tLan\u00e7amento do \u00edndice <b>IRISK<\/b>, bar\u00f4metro do n\u00edvel de exposi\u00e7\u00e3o ao risco institucional\n\t\t\t\t\t\t\t\t\t<\/li>\n<\/ul>\n<p>\t\t\t\t\t<a href=\"#form-down\"><br \/>\n\t\t\t\t\t\t\t\t\tBaixar aqu\u00ed<br \/>\n\t\t\t\t\t<\/a><\/p>\n<h2>Principais insights do relat\u00f3rio<\/h2>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"64\" height=\"49\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Marks_2.svg\" alt=\"Marks 2\" \/><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"64\" height=\"49\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Marks_2.svg\" alt=\"Marks 2\" \/><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/arrow34.webp \"  type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"89\" height=\"149\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/arrow34.png\" alt=\"arrow34\"><\/picture><br \/>\n\t\t\t\t\t\t89% dos entrevistados atribuem alta import\u00e2ncia \u00e0 flexibilidade diante de mudan\u00e7as do ambiente, consolidando uma vis\u00e3o mais t\u00e1tica e din\u00e2mica da gest\u00e3o.<br \/>\n\t\t\t\t\t\tMais de 75% dos participantes reconhecem que a transforma\u00e7\u00e3o digital e a ciberseguran\u00e7a desempenham um papel estrutural na ind\u00fastria.<br \/>\n\t\t\t\t\t\tObserva-se um renovado protagonismo dos ativos alternativos, impulsionado pela busca de diversifica\u00e7\u00e3o, prote\u00e7\u00e3o diante da volatilidade e exposi\u00e7\u00e3o a setores tem\u00e1ticos como IA ou transi\u00e7\u00e3o energ\u00e9tica.<br \/>\n\t\t\t\t\t\tA securitiza\u00e7\u00e3o de ativos ressurge como ferramenta relevante, valorizada por sua capacidade de mobilizar ativos il\u00edquidos, liberar balan\u00e7o e facilitar novas formas de financiamento.<br \/>\n\t\t\t\t\t\tImp\u00f5e-se um modelo de gest\u00e3o h\u00edbrida: contas geridas individualmente (SMA) para clientes sofisticados e ve\u00edculos coletivos (ETFs\/fundos) para efici\u00eancia e escalabilidade.<br \/>\n\t\t\t\t\t<a href=\"#form-down\"><br \/>\n\t\t\t\t\t\t\t\t\tBaixar aqu\u00ed<br \/>\n\t\t\t\t\t<\/a><\/p>\n<h2>Benef\u00edcios chave do relat\u00f3rio 2025<\/h2>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"83\" height=\"83\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Icon_1.svg\" alt=\"Icon 1\" \/><\/figure>\n<h3>Vis\u00e3o consolidada do mercado institucional<\/h3>\n<p>Baseado em pesquisas com mais de 100 gestores de ativos na Am\u00e9rica Latina, Estados Unidos e Europa, o relat\u00f3rio oferece uma leitura panor\u00e2mica e confi\u00e1vel das din\u00e2micas reais do setor.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"89\" height=\"73\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Icon_2.svg\" alt=\"Icon 2\" \/><\/figure>\n<h3>Lan\u00e7amento do IRISK, o primeiro \u00edndice sobre exposi\u00e7\u00e3o ao risco<\/h3>\n<p>Uma ferramenta in\u00e9dita que permite antecipar ajustes estrat\u00e9gicos na gest\u00e3o de ativos conforme o ambiente econ\u00f4mico e o perfil de risco dos principais participantes do mercado.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"87\" height=\"87\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Icon_3.svg\" alt=\"Icon 3\" \/><\/figure>\n<h3>Identifica\u00e7\u00e3o dos principais desafios para capta\u00e7\u00e3o de capital<\/h3>\n<p>Identifica barreiras estruturais, regulat\u00f3rias e operacionais enfrentadas hoje pelos gestores institucionais na distribui\u00e7\u00e3o de ativos titulizados.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"79\" height=\"81\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Icon_4.svg\" alt=\"Icon 4\" \/><\/figure>\n<h3>Tend\u00eancias em ve\u00edculos de investimento coletivo<\/h3>\n<p>Confirma a prefer\u00eancia crescente por ETPs e ETFs como instrumentos eficientes, escal\u00e1veis e l\u00edquidos frente a outros modelos tradicionais, como contas geridas separadamente (SMA).<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" width=\"70\" height=\"71\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Icon_5.svg\" alt=\"Icon 5\" \/><\/figure>\n<h3>Relev\u00e2ncia pr\u00e1tica para a tomada de decis\u00f5es<\/h3>\n<p>O conte\u00fado n\u00e3o apenas oferece an\u00e1lises, mas tamb\u00e9m insights aplic\u00e1veis na estrutura\u00e7\u00e3o, gest\u00e3o e comercializa\u00e7\u00e3o de ve\u00edculos de investimento adaptados ao contexto atual.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-6137-1.webp 350w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-6137-1-151x300.webp 151w\" sizes=\"(max-width: 350px) 100vw, 350px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"350\" height=\"694\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-6137-1.png\" alt=\"Group 6137 (1)\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-6137-1.png 350w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/09\/Group-6137-1-151x300.png 151w\" sizes=\"(max-width: 350px) 100vw, 350px\"><\/picture>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<h3>Algumas empresas participantes<\/h3>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Cucchiara-1.webp 474w,https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Cucchiara-1-300x47.webp 300w\" sizes=\"(max-width: 474px) 100vw, 474px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"474\" height=\"75\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Cucchiara-1.png\" alt=\"Logo Cucchiara 1.png\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Cucchiara-1.png 474w, https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Cucchiara-1-300x47.png 300w\" sizes=\"(max-width: 474px) 100vw, 474px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Mason-1.webp \"  type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"135\" height=\"134\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Mason-1.png\" alt=\"Mason 1.png\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Dentons-1.webp 444w,https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Dentons-1-300x57.webp 300w\" sizes=\"(max-width: 444px) 100vw, 444px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"444\" height=\"84\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Dentons-1.png\" alt=\"Dentons 1.png\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Dentons-1.png 444w, https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Dentons-1-300x57.png 300w\" sizes=\"(max-width: 444px) 100vw, 444px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/harneysfiduciary-1.webp \"  type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"290\" height=\"94\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/harneysfiduciary-1.png\" alt=\"harneysfiduciary 1.png\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Group-1.webp 370w,https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Group-1-300x64.webp 300w\" sizes=\"(max-width: 370px) 100vw, 370px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"370\" height=\"79\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Group-1.png\" alt=\"Group 1.png\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Group-1.png 370w, https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Group-1-300x64.png 300w\" sizes=\"(max-width: 370px) 100vw, 370px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/IS-logo-1.webp 608w,https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/IS-logo-1-300x43.webp 300w\" sizes=\"(max-width: 608px) 100vw, 608px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"608\" height=\"88\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/IS-logo-1.png\" alt=\"IS logo 1.png\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/IS-logo-1.png 608w, https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/IS-logo-1-300x43.png 300w\" sizes=\"(max-width: 608px) 100vw, 608px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/LS-logo-1.webp 587w,https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/LS-logo-1-300x51.webp 300w\" sizes=\"(max-width: 587px) 100vw, 587px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"587\" height=\"100\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/LS-logo-1.png\" alt=\"LS logo 1.png\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/LS-logo-1.png 587w, https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/LS-logo-1-300x51.png 300w\" sizes=\"(max-width: 587px) 100vw, 587px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/AV-1.webp 324w,https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/AV-1-300x75.webp 300w\" sizes=\"(max-width: 324px) 100vw, 324px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"324\" height=\"81\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/AV-1.png\" alt=\"AV 1.png\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/AV-1.png 324w, https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/AV-1-300x75.png 300w\" sizes=\"(max-width: 324px) 100vw, 324px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-1024x252.webp 1024w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-300x74.webp 300w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-768x189.webp 768w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-1536x378.webp 1536w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-2048x505.webp 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"197\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-1024x252.png\" alt=\"\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-1024x252.png 1024w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-300x74.png 300w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-768x189.png 768w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-1536x378.png 1536w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/ventum_bw-2048x505.png 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/CIX-1.webp 192w,https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/CIX-1-150x150.webp 150w\" sizes=\"(max-width: 192px) 100vw, 192px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"192\" height=\"192\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/CIX-1.png\" alt=\"CIX 1.png\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/CIX-1.png 192w, https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/CIX-1-150x150.png 150w\" sizes=\"(max-width: 192px) 100vw, 192px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/BBVA-1.webp \"  type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"232\" height=\"71\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/BBVA-1.png\" alt=\"BBVA 1.png\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/fynsa_bw.webp 719w,https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/fynsa_bw-300x108.webp 300w\" sizes=\"(max-width: 719px) 100vw, 719px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"719\" height=\"260\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/fynsa_bw.png\" alt=\"\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/fynsa_bw.png 719w, https:\/\/flexfunds.com\/wp-content\/uploads\/2025\/10\/fynsa_bw-300x108.png 300w\" sizes=\"(max-width: 719px) 100vw, 719px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Allaria-1.webp 449w,https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Allaria-1-300x77.webp 300w\" sizes=\"(max-width: 449px) 100vw, 449px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"449\" height=\"115\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Allaria-1.png\" alt=\"Logo Allaria 1.png\" srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Allaria-1.png 449w, https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/Logo_Allaria-1-300x77.png 300w\" sizes=\"(max-width: 449px) 100vw, 449px\"><\/picture><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"335\" height=\"34\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2024\/10\/blacksalmon-1.svg\" alt=\"blacksalmon.svg\" \/><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<picture><source srcset=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2022\/05\/logo-FLEXFUNDS-positivo.webp \"  type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"275\" height=\"66\" src=\"https:\/\/flexfunds.com\/wp-content\/uploads\/2022\/05\/logo-FLEXFUNDS-positivo.png\" alt=\"logo FLEXFUNDS positivo\"><\/picture>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>Oferecemos nossos servi\u00e7os por meio de Programas de Notas Globais atrav\u00e9s de v\u00e1rias entidades que realizam atividades diferentes. Entre elas est\u00e3o a FlexFunds ETP LLC (\u201cFlexFunds ETP\u201d), que atua como Agente de C\u00e1lculo, e a FlexFunds Ltd. (\u201cFlexFunds Ltd\u201d), que atua como Coordenadora dos Programas. Antes de tomar a decis\u00e3o de investir nos Programas de Notas Globais, deve-se considerar o seguinte:<\/p>\n<ul>\n<li>Atividades coordenadas: FlexFunds ETP e FlexFunds Ltd. atuam como coordenadores das diferentes entidades participantes nos Programas de Notas Globais (ex.: os Emissores, gestores de ativos, ve\u00edculos de investimento, agentes de emiss\u00e3o e pagamento, auditores, administradores e representantes legais). No entanto, cada entidade \u00e9 respons\u00e1vel por suas obriga\u00e7\u00f5es e atividades ao longo do processo.<\/li>\n<li>Atividades coordenadas: FlexFunds ETP e FlexFunds Ltd. atuam como coordenadores das diferentes entidades participantes nos Programas de Notas Globais (ex.: os Emissores, gestores de ativos, ve\u00edculos de investimento, agentes de emiss\u00e3o e pagamento, auditores, administradores e representantes legais). No entanto, cada entidade \u00e9 respons\u00e1vel por suas obriga\u00e7\u00f5es e atividades ao longo do processo.<\/li>\n<li>N\u00e3o somos uma corretora de valores nem agentes de bolsa, nem consultores de investimento. Nem FlexFunds ETP nem FlexFunds Ltd. s\u00e3o agentes de bolsa registrados nos Estados Unidos ou consultores de investimento registrados na US Securities and Exchange Commission. Nossas entidades n\u00e3o captam fundos de clientes nem dos Emissores. N\u00e3o solicitamos produtos espec\u00edficos, nem oferecemos aconselhamento de investimento, recomenda\u00e7\u00f5es, ou consultoria fiscal, legal, financeira ou de outro tipo.<\/li>\n<\/ul>\n<p>\u00a9 2025 FlexFunds \u2013 800 Brickell Ave., Suite 1107 Miami, FL 33131, USA \u2013 + 1 305 420 6168<\/p>\n","protected":false},"excerpt":{"rendered":"<p>III Relat\u00f3rio Anual Setor de Securitiza\u00e7\u00e3o deAtivos 2025-2026 Perspectivas e tend\u00eancias chave para gestores de ativos. A FlexFunds, em colabora\u00e7\u00e3o com a Funds Society, apresenta a terceira edi\u00e7\u00e3o de seu relat\u00f3rio anual, consolidado como refer\u00eancia para compreender os rumos da gest\u00e3o de ativos por meio de ve\u00edculos titulizados. Uma an\u00e1lise abrangente baseada na opini\u00e3o de [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-35039","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/flexfunds.com\/pt-br\/wp-json\/wp\/v2\/pages\/35039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flexfunds.com\/pt-br\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/flexfunds.com\/pt-br\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/flexfunds.com\/pt-br\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/flexfunds.com\/pt-br\/wp-json\/wp\/v2\/comments?post=35039"}],"version-history":[{"count":0,"href":"https:\/\/flexfunds.com\/pt-br\/wp-json\/wp\/v2\/pages\/35039\/revisions"}],"wp:attachment":[{"href":"https:\/\/flexfunds.com\/pt-br\/wp-json\/wp\/v2\/media?parent=35039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}