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
May 1, 2017 by
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
April 11, 2017 by
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
April 11, 2017 by
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
April 10, 2017 by
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.
BlackRock positions equity investment platform for future of active management
April 10, 2017 by
“At the heart of BlackRock is a culture that embraces change and turns it into opportunity,” said CEO Larry Fink. “We are constantly anticipating how macro trends will reshape both our industry and our clients’ needs; we then pivot accordingly."
CCR Monthly Approval Report – March 2017
April 10, 2017 by
While Manulife led with eight funds registered in the month, seven of them equity products, UBAM (3), HSBC (2), Axa (1), and Nordea (1) won approval for their mutual funds. iShares (5) and WisdomTree (1) got approvals for their ETFs.
JP Morgan to build out Latam presence with Mexican and Colombian offices
April 10, 2017 by
The offices add to JPM's asset management operations in Chile and Brazil.
Colombian AFPs allocations abroad at three-month high as US focus dominates
April 9, 2017 by
Colombian pension-manager investments abroad reached a three-month high in January, as allocations to North America outpaced heavy redemptions from emerging markets. Japan also had a net positive month.
Merrill Lynch trims divisions in executive shakeup
April 9, 2017 by
Don Plaus will lead Merrill Lynch's elite Private Banking & Investment Group, which caters to wealthy clients. He'll also oversee the firm's international business, according to news site On Wall Street.
