Only foreign investment funds, with net inflows of BRL 2.2 billion in April, had a positive month. Year to date, the category had positive flows of BRL 11.4 billion.
CCR Monthly Approval Report – April 2020
May 6, 2020 by
Swisscanto led with five mutual funds registered in the month, while Xtrackers followed with ETFs. Berenberg, Credit Suisse, Man, Muzinich, PGIM, PineBridge, Robeco, and State Street joined the list along with two alternative products.
The regulator also gave the green light to two alternative products from Antares and Thomas Bravo.
JP Morgan Asset Management lists first hedged ETF in Mexico
May 1, 2020 by
The ETF seeks to provide a reliable beta “building block” for investors looking for a short-dated dollar-denominated government debt allocation, said JPM's Juan Pablo Medina-Mora.
Insigneo names ex-Citi IPB leader at head of offshore business
April 25, 2020 by
Rodolfo Castilla will be based in Uruguay and will oversee the group’s independent advisor network across Latin America.
CCR Monthly Approval Report – March 2020
April 23, 2020 by
Hermes led with five mutual funds approved, followed by Barings and DWS with two products, and Invesco, Federated, EDM and JP Morgan with one mutual fund each.
Equity fund flows remained positive in March as Brazil looked past Covid-19
April 20, 2020 by
Equity funds had net inflow of BRL 8.3 billion in March and drew in BRL 45 billion for the quarter.
Net inflows stayed positive for Brazilian mutual funds in shaky February
March 27, 2020 by
For the fifth month in a row, the Equity class had the best result for the month. After raising BRL12.8 billion in February, the class shows net inflow of BRL36.3 billion in 2020.
Aviva hires Capital Strategies to distribute into Brazil and Uruguay
March 27, 2020 by
The deal completes Aviva’s geographical coverage of Iberia and Latin America, complementing an existing partnership with Excel Capital, which represents Aviva in institutional markets in Chile, Peru and Colombia.
CCR Monthly Approval Report – February 2020
March 24, 2020 by
A total of 12 products were added in the month from nine different asset managers: Allianz, JP Morgan, Sycomore, Vanguard, Ardian, Clayton, Dubilier & Rice, New Mountain, Newbury Partners, and StepStone.
Abrupt exit for Itaú Corpbanca CEO
February 7, 2020 by
Manuel Olivares Rossetti stepped aside at the end of January 2020 after a barely a year on the job. He had joined the firm from BBVA Chile.
