Archives for May 2016

Brazilian Mutual Fund Manager Net New Investments (NNI) Report – April 2016

Excel workbook detailing net new investments (NNI) of all locally registered Brazilian mutual managers. Includes monthly NNI data, 30-day % change, month-end assets and market share by managers. Data as of April 30, 2016.

Companies mentioned in this report: Banco do Brasil, Itaú Unibanco, Bradesco, Caixa Econômica Federal, Santander Brasil, BTG Pactual, HSBC, Credit Suisse, J Safra Asset Mgt., Votorantim, Legg Mason, BNY Mellon Asset Mgt., Funcef, JP Morgan, BNP Paribas, Fundacao Cesp, Citigroup, Vinci Partners, Opportunity, Sul America Investimentos, Intrag, BRL Trust, Quantitas, Real Grandeza, Morgan Stanley, BW, GPS - CFO, JGP, Icatu, SPX, Gávea, Fundacao Sistel, Porto Seguro, Pátria, Pessoas fisicas Fundacao, Integral Investimentos, GAP Prudential, Banrisul, Plural Capital, Vale do Rio Doce Fundacao, Fapes Fundacao, Mapfre, Riviera, Oliveira Trust, Alfa, Brasilprev Seguros, Pragma, BNB, Dynamo, Kinea, and others.

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Brazilian Mutual Fund Managers Industry Statistics – April 2016

Excel workbook detailing, over various time periods, mutual fund industry asset growth by managers. Data as of April 30, 2016.

Companies mentioned in this report: Banco do Brasil, Itaú Unibanco, Bradesco, Caixa Econômica Federal, Santander Brasil, BTG Pactual, HSBC, Credit Suisse, J Safra Asset Mgt., Votorantim, Legg Mason, BNY Mellon Asset Mgt., Funcef, JP Morgan, BNP Paribas, Fundacao Cesp, Citigroup, Vinci Partners, Opportunity, Sul America Investimentos, Intrag, BRL Trust, Quantitas, Real Grandeza, Morgan Stanley, BW, GPS - CFO, JGP, Icatu, SPX, Gávea, Fundacao Sistel, Porto Seguro, Pátria, Pessoas fisicas Fundacao, Integral Investimentos, GAP Prudential, Banrisul, Plural Capital, Vale do Rio Doce Fundacao, Fapes Fundacao, Mapfre, Riviera, Oliveira Trust, Alfa, Brasilprev Seguros, Pragma, BNB, Dynamo, Kinea, and others.

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Credit Suisse to shutter Panama private-banking office

The bank said the closure was unrelated to the recent Panama Papers leak, noting that is remains committed to the region via its presence in Mexico, Brazil and Chile.

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Brazilian funds got boost from market recovery in April

The equity fund class was once again the best performer, led by the FMP‐FGTS and single equity types, with respective upturns of 26.91% and 23.28%, fueled by the appreciation of Vale and Petrobras shares, which are predominant in these portfolios.

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Deutsche’s Latin America CEO to step aside as Grelle is promoted

Bernardo Parnes, chief executive officer of Latin America operations at Deutsche Bank AG, is planning to leave the firm, handing off oversight of the Brazil unit to Renato Grelle.

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Axa Investment Managers to launch local fund operation in Mexico

Led by Salvador Moreno Segura, AXA's staff also includes Salvador Galindo Cuspinera (formerly of the local operation of Sura Investment Management) as designer of fund portfolios and head of the local investment team.

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Responding to calls for transparency, Consar provides more details on Afore investment strategies

In an interview with Fund Pro Latin America, the head of the Afore association defended the lack of access to pension fund portfolios, citing the competitive operating environment in which the Afores operate.

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Natixis survey finds affluent US investors don’t understand risks behind passive investing

Natixis's survey found that 64% of investors think index funds will help minimize losses, 69% believe index funds offer better diversification, and 61% believe index funds provide access to the best investment opportunities in the market.

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Santiago Arias assumes control of institutional distribution at HMC Capital

Santiago Arias will lead the business of fund distribution that HMC has built over the last three years, particularly in the area of private equity, a strong suit for the ex-PineBridge Investments manager.

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League Table – Assets Gathered by Cross-Border Fund Managers and ETFs Sponsors – Peruvian Pension Funds – December 2015

Includes assets gathered by cross-border fund managers and ETFs sponsors in the Peruvian pension funds market. Also includes monthly inflows / outflows and market share. Data as of December 31, 2015.

Companies mentioned in this report: iShares; State Street; Vanguard; WisdomTree; Henderson; PowerShares; Pioneer; Matthews; Allianz; Fidelity; Julius Baer; BNP Paribas; Threadneedle; Dimensional; Pictet; Morgan Stanley; Deutsche; Muzinich; Axa; Robeco; JP Morgan; Investec; Schroders; NN IP; UBS; GBM; Aberdeen; Vontobel; BlackRock; Invesco; Nomura; GAM; Van Eck; MFS; Franklin Templeton; BNY Mellon AM; Habitat; Prima; Profuturo; Integra.

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