Itaú Asset Management has expanded its international management team with the hiring of Jamie Rice, a manager with more than three decades of experience in the financial market. Rice joins the manager’s office in Miami and will lead a new Equity Income desk dedicated to Emerging Markets, focusing on Long & Short strategies for the Global Dynamic fund.
The new manager brings extensive industry experience to Itaú Asset, having worked as an equity analyst at Oppenheimer & Co and SG Cowen, as well as nearly 20 years as a portfolio manager at Wellington Management.
With academic training from Oxford and Harvard, he will join the multi-desk structure of the Brazilian asset manager, coordinated by Arlindo Penteado, director of Itaú Asset.
Penteado highlighted that Itaú Asset’s international expansion responds to the growing demand from global investors for expertise in emerging markets beyond Latin America. “The arrival of Jamie Rice is another step in this project aimed at positioning Itaú Asset as a reference in Emerging Markets,” said the director.
Since 2019, Itaú Asset has adopted the Multi-Desk structure model, inspired by major global asset managers. Today, the team consists of 16 operational desks—including Macro, Long & Short, Systematic, Equity, and Structured Credit—totaling 120 professionals and approximately R$ 80 billion in assets under management, of which R$ 18 billion belong to the Global Dynamic fund, which integrates 14 of these desks.
With the addition of Rice, Itaú Asset reinforces its commitment to meeting global demand with investment strategies focused on growth and diversification, particularly in emerging regions.
