In commenting on the appointment of Peruvian-owned Credicorp Capital as its Andean distributor, SSGA's Nick Good said, “Latin America is a strategically important market to the SPDR business."
Deutsche sells Mexican banking and brokerage business to InvestaBank
November 14, 2016 by
InvestaBank would gain control of Deutsche's lucrative depository-receipt business in Mexico, which has profited from sales of foreign securities (including ETFs) on the Mexican Stock Exchange.
Lazard integrates Latam American advisory operations
November 14, 2016 by
Matias Eliaschev, former MBA Lazard Managing Partner, has been named CEO, Lazard Latin America ex Brazil and Mexico investment banking, effective immediately.
CCR Monthly Approval Report – October 2016
November 2, 2016 by
While iShares led with 14 ETFs registered in the month, Fidelity (three), Invesco, Neuberger Berman and UBS also won approval for funds of their own.
MFS International hires Miami-based associate director and wholesaler
October 25, 2016 by
Eric Figueroa will be responsible for the sale of MFS Meridian Funds, working with advisors across all channels, including family offices, independents, banks and wirehouses, in the southeastern United States, the Caribbean and Central America.
Franklin’s senior director for the Americas assumes Paris-based role
October 25, 2016 by
Michel Tulle, currently based in Buenos Aires, will report from Paris as of January 2017 to Vivek Kudva, managing director of EMEA, and responsible for the coordination and development of the business in this area.
UBS/PwC report spotlights upcoming era of billionaire wealth transfers
October 24, 2016 by
As the US heads into "the greatest period of wealth transfer we’ve ever seen, there is much insight that we can gain from the experience of the successful wealth-transfer and legacy planning that takes place in Europe," said John Mathews of UBS Wealth Management Americas.
Fidelity to offer iShares Core ETFs commission-free to advisors and investors
October 24, 2016 by
In announcing a price cut on iShares Core ETFs, Fidelity's Ram Subramaniam said: “We want customers to receive the best value, whether that means offering a Fidelity solution or one from a third-party leader."
BlackRock uses DOL fiduciary rule to promote iShares in advisory channel
October 24, 2016 by
"We aim to set a new market convention for core investing and long-term investors,” said Mark Wiedman, global head of iShares. Fees on its growing US iShares Core ETFs have been slashed.
Amundi shows interest in Pioneer acquisition
October 24, 2016 by
Pioneer manages EUR 220 billion and employs 2,000 people in 28 countries. It has Latam offices in Miami, Santiago de Chile and Mexico City.
