In June, Brazilian mutual funds suffered BRL 25.9 billion (USD 7 billion) in capital outflows, their worst monthly result since October 2008.
Morgan Stanley jumpstarts Latam Offshore distribution with Arakaki hire
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
“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.”
Ardian hires Compass exec to head its new Chilean distribution office
Nicolas Gazitua, who spent the last seven years in a sales role at Compass Group, will lead the alternatives manager's Santiago-based team, in coordination with NY co-heads Mark Benedetti and Vladimir Colas.
CCR Monthly Approval Report – June 2018
Seven mutual funds, 20 ETFs and three alternatives were added in June to the list of approved instruments eligible to receive allocations from Chilean Pension Managers (AFPs).
Financial professionals can earn CFA credits at upcoming Neuberger seminar
BECON Investment Management and Neuberger Berman will host the first-ever series of advisor-focused events in Latin America in which attendees can acquire Chartered Financial Analyst (CFA) continuing-education credits.
Poor showing in May puts small dent in Brazilian fund industry’s YTD growth for 2018
Despite negative flows of BRL 4 billion in May, there was positive flows for riskier asset classes, including equities, hybrid funds and riskier classes of fixed-income funds.
Morgan Stanley: Sustainable investing gains momentum among pension, wealth entities
“The growing sophistication among asset owners about when and how to integrate ESG into the investment process creates opportunities to tailor strategies and provide customized solutions," said Morgan's Rui de Figueiredo.
Franklin preps ETFs for Mexican retail and institutional segments
Franklin is introducing a line of ETFs that includes passive and Smart Beta strategies. Demand for these instruments has been high, says Jennifer M. Johnson, president and COO.









