John Oestreicher, client advisor for the US Offshore business, is taking on additional responsibility to serve as national sales manager for US Offshore.
GBM lands investment from SoftBank to accelerate the democratization of investments in Mexico
GBM will keep investing in having the best product offering for our institutional and corporate clients, as well as building the best external advisor base in the country,” stated GBM's co-CEO Pedro de Garay Montero.
XP partners with Giant Steps, a leading Brazilian quant manager
XP sees a future for quantitative investing in Brazil, where systematic/quantitative strategies represent less than 2% of total AUM.
CCR Monthly Approval Report – May 2021
BlackRock led with 11 ETFs of its iShares family, plus two mutual funds registered in the month, Allianz (5), AllianceBernstein (2), Wellington (2), Credit Suisse (1), Franklin Templeton (1), Invesco (1), Robeco (1) and Infravia Capital Partners (1) completed the list.
BTG Pactual scoops up Universa for USD 132 million
Universa Group is a diverse firm controlling Empiricus Research, Vitreo Holding, Money Times and Seu Dinheiro.
JP Morgan AM expands its ETF business in Mexico
JP Morgan Asset Management has announced the launch of two UCITs ETFs as part of its ‘BetaBuilders’ product suite: J.P. Morgan BetaBuilders US Treasury 0–3 Months UCITS ETF – USD (acc) (BB3M N) and J.P. Morgan BetaBuilders US Treasury 0–3 Months UCITS ETF – MXN Hedged (MB3M N).
Brazilian fund industry raises BRL 23 billion in April and reaches 70% of 2020 balance
The fund industry raised BRL 23.3 billion (USD 4.3 billion) in April, bringing net year-to-date flows to BRL 124.1 billion (USD 20 billion), already accounting for 70% of the 2020's net gain.
CCR Monthly Approval Report – April 2021
DWS led with 10 products registered in the month, while JP Morgan followed with eights ETFs. J Safra, Jupiter, and Invesco completed the list. Bridgepoint, Brookfield, Morgan Stanley and Trilantic joined the list with one alternative product each.
Matthews Asia turns over Latin American institutional distribution to Picton
Matthews had previously been using HMC Capital as its Andean distributor, but moved to Picton after a thorough partner search.
BlackRock hires Paula Salamonde to lead Brazilian ETF biz
Paula Salamonde, who worked at MSCI for 21 years until her departure in 2019, joined BlackRock’s São Paulo office in April.









