Archives for April 2012

Pimco to Open Office in Brazil

Pimco will operate in Brazil as PIMCO Latin America Administradora de Carteiras, and will be regulated by the CVM.

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JP Morgan to sponsor two additional PIMCO ETFs

The new PIMCO ETFs, PIMCO 0-5 Year High Yield Corporate Bond Index Fund (HYS) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ), are listed on the Bolsa Mexicana de Valores in pesos and trades can be initiated through a local broker.

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AFPs diversify their choice of ETF issuers

Although iShares continue to dominate the segment, in the last two years very strong competition has appeared along the way.

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Compass Group to take over distribution of UBS for the region

Chilean and Peruvian pension funds currently hold investments in funds of this global asset manager.

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Bank of America puts non-US wealth arm up for sale

The deal could bring in up to USD3 billion or more than 3% of assets under management.

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