LarrainVial is in the process of obtaining a brokerage license in Argentina, which should be approved very soon. The office will be headed by Sebastian Caronni, an Argentine national and partner at the firm, who previously worked at Banco Santander.
WisdomTree cross-lists seven UCITS ETFs in Mexico
Jonathan Steinberg, WisdomTree CEO and president, said, the listing allows "Mexican investors the option to access and invest in WisdomTree’s existing strategies in a different structure.”
CCR Monthly Approval Report – April 2017
BNP Paribas led with five ETFs of its Easy family registered in the month, while Axa and Wellington followed with two mutual funds each.
Leadership change announced at Sura-owned AFP Capital
Andrés Castro, whose career spanned three decades inside the Chilean AFP system, stepped down as chairman of Chilean pension manager AFP Capital. He was replaced by Juan Carlos Jobet, a Sura Asset Mgt. director who previously served in the Piñera government.
Brazilian funds took in record amounts in first quarter of 2017
The industry's first-quarter net inflows reached BRL 109 billion (USD 35 billion), the highest ever in a first quarter. The positive flows pushed the fund industry’s net assets to BRL 3.7 trillion (USD 1.03 trillion).
BlackRock launches iShares MSCI Argentina and Global Exposure ETF
Blackrock's Argentina-focused ETF will track the MSCI All Argentina 25/50 Index, said Gerardo Rodriguez, portfolio manager for BlackRock’s emerging markets group.
Bradesco targets Brazilian riches abroad
Banco Bradesco, Brazil’s second-largest bank by market value, said it will join rivals Banco Itau, BTG Pactual and XP Investimentos and open an office in Miami in July 2017.
Managers hopeful that lower rates will spur demand for cross-border offerings
Itajubá Investimentos' Carlos Garcia believes the reduction of local interest rates may attract Brazilian investors to global offerings, but cautioned that pension funds still need to be convinced to diversify.
Pioneer veteran Castellano departs
Jose Castellano has stepped aside after 16 years at Pioneer Investments, whose pending merger with Amundi was recently approved by the European Commission.
Becon and Cullen complete joint Southern Cone roadshow
Jeff Cullen from Cullen Funds participated in the extensive roadshow, which was organized by Latam-based independent distributor Becon Investment. More than 300 wealth managers and gatekeepers participated.









