AFP Uno is the brainchild of Mario Ignacio Álvarez Avendaño, the former chief executive of AFP Cuprum, which since 2013 has been owned by Principal Financial.
Brazilian fund industry starts 2019 with close to USD 3 billion in inflows
Free Duration Investment Grade funds led the way, with net inflows of USD 4 billion in the month, the best result for this type since data began being tracked in October 2015.
PGIM Real Estate global outlook: Striking the right portfolio balance late in the cycle
“The challenge for investors in the current environment is striking the right balance between taking on risk to capitalize on late-cycle growth opportunities and investing in strategies that offer greater downside protection,” said PGIM's Peter Hayes.
Wells Fargo/Gallup study: Investor optimism fell 18 points from a year ago
"While we do not see a recession in the near term, in many ways we are still recovering from the last one — which left a deep scar on many investors," says Wells Fargo's Tracie McMillion.
Credit Suisse’s InvestLab platform merged into Allfunds
Closing of the transfer of Credit Suisse InvestLab to Allfunds is expected in Q3 2019. Subsequent transfer of the related distribution agreements by Credit Suisse is expected to be completed in Q1 2020.
AMCS Group to handle AXA’s retail distribution in Argentina/Uruguay and the Andes
"Partnering with AMCS provides an ideal platform to bring our market-leading, innovative solutions to advisors and investors in these countries," said AXA's Rafael Tovar.
CCR Monthly Approval Report – February 2019
A total of 14 products were added in the month from 10 different asset managers: Investec, Man, Sycomore, Sinergy, Ardian, CVC, Oak, PGIM, and Global Infrastructure Partners.
Brazilian multi-asset funds posted second straight monthly outflow in May
Despite the setback, in the year to date through May, the fund industry has raised BRL 86.5 billion (USD 25 billion) against BRL 66.9 billion through May of 2018.
JPM names Brussa to offshore sales team, covering Texas, San Diego and Arizona
Carlos Brussa has joined the sales team of JP Morgan Asset Management, and will be charged with distributing the manager's UCITS mutual funds and ETFs to wealth management intermediaries, Fund Pro Latin America has confirmed.
JP Morgan AM expands ETF offering for local Mexican investors
JPM's Juan Pablo Medina-Mora says the BetaBuilders US equity ETF offers local investors and asset allocators more efficient access to the US market.









