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
August 21, 2018 by
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
August 4, 2018 by
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
August 2, 2018 by
Corredores Davivienda, a Colombian brokerage firm, has hired ex-Itaú senior fixed-income fund selector Lucas Toro Duque as its head of international investments.
Old Mutual ponders expansion out of Colombia and Mexico
August 1, 2018 by
The firm is said to be particularly interested in the Brazilian and Peruvian marketplaces, where life-insurance penetration is relatively low.
CCR Monthly Approval Report – July 2018
July 31, 2018 by
A total of 45 products were added in the month from 14 different asset managers: State Street, iShares, AB, AZ Multi Asset, Barings, BMO, JP Morgan, Morgan Stanley, Ares, Coller, Crescent, Gelman, LGT and Vista.
Brazilian funds suffered outflows in June, but YTD balance remains positive
July 31, 2018 by
In June, Brazilian mutual funds suffered BRL 25.9 billion (USD 7 billion) in capital outflows, their worst monthly result since October 2008.
Schroders launches Argentine bond fund aimed at international market
July 31, 2018 by
“We have seen strong interest from international clients to have an Argentine bond product that can provide a compelling yield story," said Nicolas Giedzinski, head of LatAm intermediary and discretionary US Offshore.
Morgan Stanley jumpstarts Latam Offshore distribution with Arakaki hire
July 16, 2018 by
A veteran in Latin American distribution circles, Victor Arakaki got his start in asset management at HSBC Brasil in 2007, where he remained until 2014, when he joined Deutsche Asset Management/DWS.
Wells Fargo: investors are optimistic but still wary of market volatility
July 15, 2018 by
“Investors appear to be sleeping with one eye open," says Erik Davidson, CIO of Wells Fargo Private Bank. "They are optimistic, but they have clear concerns about what factors could impact markets and drive volatility.”
