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.
Investec shuts Compass-run Mexican equity fund amid fall in AUM
October 21, 2016 by
The Investec GSF Mexican Equity fund was launched as Luxembourg-domiciled fund in February 2014 using the expertise of Latin American investment specialist Compass Group and its CIO Luis Yance, Citywire reported.
Ribeiro announces departure from Santander AM in Brazil
October 13, 2016 by
Conrado Engel, chairman of Santander's asset-management business in Brazil, will reportedly take the place of Luciane Ribeiro, until a new CEO is named.
Citi ups investment in Mexico, while selling off Argentine and Brazilian consumer units
October 13, 2016 by
Jane Fraser, Citi Latin America CEO, emphasized that the firm would continue to have a presence in Argentina and Brazil outside of the consumer segment.
Thiel to step aside at Merrill Lynch Wealth Management
October 13, 2016 by
Andy Sieg, current head of Merrill's Global Wealth and Retirement Solutions division, will succeed John Thiel as head of Merrill Lynch Wealth Management, effective January 1, 2017. Thiel will still serve as vice chairman of ML Global Wealth and Investment Management.
BlackRock alternatives more accessible to qualified investors via deal with Artivest platform
October 13, 2016 by
“RIAs are placing a greater emphasis on illiquid alternatives to insulate their clients from market volatility while seeking to deliver competitive market returns,” said Hollie Fagan, head of BlackRock’s RIA business.
