Despite the performance setback for equity, the Brazilian fund industry is on pace to record its highest annual net inflows since 2012, as YTD net inflows reached BRL 89.7 billion at the end of November.
Pioneer Investments to be purchased by Amundi for USD 4.1 billion
December 13, 2016 by
With over EUR 1 trillion in assets, Amundi is ranked the world’s 12th-largest asset manager. The Pioneer deal would turn it into the world’s eighth-largest asset manager, according to main shareholder Credit Agricole SA of France, handling EUR 1.3 trillion in assets.
Raymond James sells Argentine fund manager and broker to local partners
December 12, 2016 by
Shareholder Eduardo Tapia has increased his stake in the Buenos-Aires-based asset manager Delta Asset Mgt. and will continue as director. Gabriel Ruiz and Christian Cavanagh will keep their executive roles.
BofA Merrill: 2017 shaping up as year of the active investor
December 12, 2016 by
“If investors choose asset classes, sectors and stocks carefully, they can meaningfully outperform the market," says BofA Merrill's Candace Browning. "2017 could be the year of the active investor.”
Pioneer snatches USD 150 million Asian mandate from XXI Banorte
December 2, 2016 by
The efforts of Pioneer's Gustavo Lozano in Mexico have helped land Pioneer two mandates (already funded) with Afore Banamex (European and Asian equity) and a third (not yet funded) with Afore Sura (global equity).
CCR Monthly Approval Report – November 2016
December 2, 2016 by
Ashmore, Eastspring, AXA, BNY Mellon, and Stone Harbor Investment were among the fund sponsors gaining approval for new products.
State Street: Reduced liquidity having higher impact on investment strategy
December 1, 2016 by
“Increased regulation and the pressure to manage costs have significantly changed market liquidity conditions,” says Lou Maiuri of State Street.
Global sponsors reinvent their international product offering in Brazil
December 1, 2016 by
“We believe that liquid alternative funds, with controlled volatility, are the path for the international fund market from now on,” says Templeton's Marcus Vinicius.
UBS says HNW investors more confident in markets post-Trump victory
December 1, 2016 by
"With the election behind us, many investors are looking ahead with a growing sense of optimism about the economy and the markets," says UBS's Paula Polito.
Brazilian equity funds reaping benefits of Ibovespa climb
December 1, 2016 by
Fueled by October’s substantial 11.2% upturn in the Ibovespa, Brazilian equity funds were atop the industry’s return rankings, also recording the industry’s highest year‐to‐date returns.
