The great benefit of this strategy is to make Funcef's portfolio more balanced in order to achieve the best possible profitability without increasing the level of risk taken, said Alenir Romanello, Director of Investments and Participations,
BlackRock agrees to acquire Global Infrastructure Partners
January 15, 2024 by
The over USD 150 billion combined business will seek to deliver clients market-leading, holistic infrastructure expertise across equity, debt and solutions at substantial scale.
CCR Monthly Approval Report – December 2023
January 4, 2024 by
Barings, Gemcap, BNP Paribas, UBS andGlobal Infrastructure Partners were the fund sponsors gaining approval for new product
Franklin Templeton completes acquisition of Putnam Investments
January 3, 2024 by
“With complementary capabilities and a track record of strong investment performance, Putnam expands our ability to offer more choice to more clients,” said Jenny Johnson, President and CEO of Franklin Templeton.
Santander to buy BNP Paribas Mexico asset management business
December 14, 2023 by
"Wealth management and insurance is one of the fastest-growing global businesses for the group, and Mexico is one of our main markets," said Victor Matarranz, Santander's global head of wealth management and insurance.
BNP Paribas Opens Miami Office
December 12, 2023 by
The bank appointed Matt O’Connor as Head of its new Miami office and Annabella Espina the Chief Operating Officer (COO).
CCR Monthly Approval Report – November 2023
December 6, 2023 by
A total of 14 products were added in the month from the following asset managers: Vanguar, New Capital, Invesco, UTI Goldfinch, TowerBrook Capital Partners and Strategic Partners.
Demand for cross-border oriented funds recovered in the third quarter
November 27, 2023 by
Fixed income strategies attracted greater attention from institutional investors. Regulatory changes in the taxation of funds can boost greater demand from high-net wealth clients in allocating their resources internationally, said Fernando Cavallete, portfolio specialist at Itaú Asset.
JP Morgan closes agreement with Calastone in Brazil
November 22, 2023 by
Brazil is one of the largest fund markets in the world and is currently growing in scale. CVM 175 presents an opportunity for Brazilian investors to further diversify their investments, and this connectivity allows JP Morgan Asset Management in Brazil to prepare for the future," said William Brennan, Director of New Markets at Calastone.
Mutual funds see outflows of BRL 4.7 billion in October
November 19, 2023 by
The Balanced-Mixed/Foreign Investment had the largest net selling of BRL 4.7 billion in October, followed by the Balanced-Mixed/Macro, with BRL 4.5 billion in outflows.
