Catarina Costa Lopes
Partner | Head of Asset Management Economic Unit
Gustavo Borges Oliveira
Associate | Asset Management Economic Unit
November 21, 2024
Amendment to the Asset Management Regime - Decree-Law no. 89/2024, of November 18
Catarina Costa Lopes and Gustavo Borges Oliveira warn of the change to the Asset Management Regime, which represents a profound reform of the national legal framework applicable to collective investment organizations and their respective management companies.
Asset management is defined as the activity in which someone assumes responsibility for managing and administering a set of assets, which can be carried out at an individual level, through the individualized management of portfolios of financial instruments, an activity governed by the Securities Code, approved by Decree-Law no. 486/99, of November 13, or at a collective level, which consists of the management of collective investment of capital obtained from investors through collective investment undertakings (CIUs).
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