Despite the political turmoil, the fund industry shows net inflows of BRL 106 billion year‐to‐date, more than double the amount seen in the same period of 2016, when it reached BRL 46.3 billion.
Third-party distributor Becon Investment adds Neuberger Berman to lineup
June 27, 2017 by
“We are looking forward to presenting the Neuberger Berman platform to our clients and are proud to represent and expand the firm’s presence in Latin America," said Becon's Fred Bates.
Amundi-Pioneer merger set to close on July 3
June 27, 2017 by
Amundi CEO, Yves Perrier, said: “The acquisition of Pioneer is a major step in the implementation of Amundi's strategy. It enables us to consolidate our position as European leader while enhancing the range of products and services offered to our clients."
State Street: Global private-equity funds posted 10.4% gains in 2016
June 27, 2017 by
"In private markets, we saw heightened exit activity in recent years as managers took the opportunity to exit their investments. Recently, however, capital calls have slowed, ” said State Street Associate's Will Kinlaw.
New CIO installed at AFP Integra
June 27, 2017 by
Roberto Melzi, who at one time was head of fixed-income at the Sura-owned pension manager, most recently had broader responsibilities for Sura Investment Management across the region.
BlackRock: Americans sitting less on cash in order to fund retirement
June 12, 2017 by
“Americans are showing an increased willingness to invest and save for the future,” said BlackRock president Rob Kapito, commenting on a study showing that cash now totals 58% of Americans’ assets, down from 67% in late 2016.
With hire of Felipe Cárcamo, BTG Pactual looks to rejoin third-party fund distribution fray
June 12, 2017 by
BTG Pactual, whose third-party-fund distribution business disintegrated in late 2015 following the departure of key executives, appears to be making another go of it.
Sura to abandon Peruvian insurance and mortgage market to further develop AFP and wealth biz
June 12, 2017 by
Seguros Sura Peru will be absorbed by Intercorp’s insurance company Interseguro to make the latter one of the largest Peruvian insurance companies in terms of assets
BlackRock bets on Colombian infrastructure with local fund launch
June 12, 2017 by
The locally domiciled fund aims to provide investors with attractive yields and long-dated investments linked to inflation.
Chile’s Moneda latest to make leap into Argentina
June 5, 2017 by
Moneda has USD 6.5 billion under management and specializes in equity and debt analysis of Latin American companies. It also has a New York office. BTG Pactual, LarrainVial, UBS and Julius Baer are all eyeing the Argentine wealth sector.
