“Having cross-listed the first SPDR ETFs on the BMV in 2006, the Mexican market has remained a strategic priority for over a decade," said Kathryn Sweeney, head of SPDR Americas institutional sales.
Exposure to sustainable investment rises with affluence levels, says UBS
Among the ultra-rich, 40% invest sustainably, compared to 8% of investors with USD 1 million to USD 2 million of investable assets, noted Paula Polito, global client strategy officer, UBS Global Wealth Management.
Brazilians shrug off market volatility, boost fund investments
Despite market turbulence, the Brazilian investment fund industry ended the month with net inflows of BRL 12.7 billion (USD 3.1 billion), with year-to-date inflows coming in at BRL 61 billion.
BlackRock takes control of Citibanamex’s asset-management unit
Armando Senra, head of the Latin America & Iberia region for BlackRock, termed the transaction "transformative for BlackRock and the asset management industry in Mexico and the region."
CCR Monthly Approval Report – September 2018
BlackRock, Invesco, Deutsche, PIMCO, Lord Abbett and UTI Goldfinch were the fund sponsors gaining approval for new products in September.
CCR Monthly Approval Report – August 2018
A total of 21 products were added in the month from 12 different asset managers: Baillie Gifford, Fidelity, HSBC, Janus Henderson, John Hancock, Apollo, Audax, Cinven, EQT, Lone Star, NB and Platinum.
MFS adds to its US Offshore wholesaling coverage
Philip Dieffenbacher, currently a regional manager with responsibility for the West Coast and Mexico, will continue in that role while also adding the Southeast to his coverage area.
After June losses, investment fund industry shows small recovery in July
The Brazilian investment fund industry ended July with just BRL 2 billion (USD 500 million) in net inflows, yet it came as a relief for the market, which suffered a net outflow of BRL 23.6 billion in June.
Neuberger’s Global Thematic Equity fund debuts on Pershing
The offshore version of this high-conviction fund, managed by Daniel Paduano’s group within Neuberger Berman, has a 28-year track record in the US.
Colombia’s Davivienda hires Itaú selector to run its international investment area
Corredores Davivienda, a Colombian brokerage firm, has hired ex-Itaú senior fixed-income fund selector Lucas Toro Duque as its head of international investments.








