With the deal, Santander could add over USD 5 billion to its USD 80.5 billion in AUMs in Brazil. Santander already has more than 1 million local investors in its Brazilian-domiciled funds.
BlackRock to acquire asset management business of Citibanamex
November 28, 2017 by
“BlackRock’s ambition is to become a full solutions provider in key markets around the world," BlackRock's Armando Senra said. "This transaction is a big step forward in that direction in Mexico."
Record net inflows continue in Brazil
November 27, 2017 by
The Brazilian fund industry’s record net inflow through October 2017 - BRL 243 billion - reinforces the positive trajectory of the segment this year.
Carolina Montiel to head BNY Mellon’s family-wealth investment-advisor group
November 21, 2017 by
Based in Miami, Montiel will report to Ridge Powell, managing director and team leader of the advisory group, and will support the Florida region alongside Managing Director Ray Sidwell and the international team.
EuroAmerica and MSCI partner on Chilean small-cap ETF
November 7, 2017 by
Amid a run-up in equity valuations, the two firms are trying to respond to higher levels of investor interest in local exposure.
Principal to buy MetLife’s Mexican pension operation
November 7, 2017 by
Principal's Roberto Walker said the acquisition strengthens the firm's commitment to Mexico’s pension system. The merged Afore would have close to USD 13 billion in AUMs.
UBS-PwC report: more billionaires in Asia than in US
November 7, 2017 by
"Networks are of increasing importance to billionaires," said UBS's John Mathews. "Based on the insights we have gathered over the years, we are able to offer them customized platforms to tap into."
CCR Monthly Approval Report – October 2017
November 7, 2017 by
While First Trust led with four ETFs registered in the month, while AllianceBernstein, Axa, LarrainVial and Credicorp Capital also won approval for funds of their own.
Fidelity: Persistent approach post-crisis has benefited 401(k) investors
November 7, 2017 by
Fidelity Investments' “Ten Years Later” report concludes that investors who managed to stay the course have enjoyed better results, says Ken Hevert, senior VP of retirement.
Northern Trust: Transparency standards for alternatives industry fall short of investor expectations
October 24, 2017 by
"Transparency has surged in importance since the 2008 financial crisis, but industry best practices lag demand,” said Penelope Biggs, chief strategy officer, corporate and institutional services at Northern Trust.
