Afore XXI-Banorte's Sergio Mendez says the pension manager will proceed with its plan to launch an Asian equity mandate, first announced by Fund Pro Latin America in March of 2016.
Citi Private Bank names JPM exec as UNHW team leader for Latin America
Garcia-Romero joins Citi from JP Morgan Private Bank, where she served as the market manager and investment team leader for the Andes, Central America and Caribbean region.
Colombian AFP Pension Fund Industry Statistics – June 2016
Excel workbook detailing, over various time periods, asset totals and affiliate trends among Colombian AFP pension funds. Data as of June 30, 2016.
Companies mentioned in this report: AFP Protección; AFP Porvenir; AFP Colfondos; AFP Old Mutual.
Colombian Mutual Fund Managers Industry Statistics – June 2016
Excel workbook detailing, over various time periods, mutual fund industry asset growth by managers. Data as of June 30, 2016.
Companies mentioned in this report: Bancolombia; Alianza; Bogotá; Valores Bancolombia; Credicorp Capital; Corredores Davivienda; Corficolombiana; Davivienda; Occidente; BBVA; La Previsora; CitiValores; BTG Pactual; Ultraserfinco; Compañía de Profesionales de Bolsa; Helm; Acción; Fiduagraria; Colpatria; Popular; Old Mutual; SEAF Colombia; Casa de Bolsa; Servitrust GNB Sudameris; Alianza Valores; Colmena; ADCAP; Central; Global Securities; Fiducoldex; Progresion; Gestión; Helm; Acciones y Valores; Seguridad; País; Servivalores; GNB Sudameris; Asesoría e Inversiones; Compass Group; AFIN; Old Mutual.
Sura launches Pacific Alliance bond fund
Sura's Juan David Perdomo said the Chile-domiciled fund will invest in government and corporate bonds throughout Chile, Mexico, Colombia and Peru. Mirror versions of the fund are expected in other jurisdictions.
Brazilian investors not enticed by sharp rise in share prices
Despite double-digit gains of the local stock market in July, investors dumped balanced and mixed funds and were agnostic on equity vehicles. Flows into short-term funds were strong, however.
Fidelity uncovers what drives millionaires to recommend their advisors
“We have entered a ‘referral economy’ – where we, as consumers, thrive on sharing the people and things we value with those in our social and professional networks,” says Fidelity's Bob Oros.
BlackRock reinforces Latam management team
Andrés De Goyeneche was named regional director for Chile, Peru and Uruguay, while Mauricio Perez Lavin was tapped to lead the product division for institutional clients in Chile.
Wealthy see their financial security tied to outcome of US election
"Across party lines, investors see the economy as the biggest issue in the election, outranking concerns like healthcare, national security and foreign policy," said UBS's Paula Polito.
Nuveen and Artivest team to offer alternatives to HNW intermediaries
Mike Perry, head of alternative investments for Nuveen, said the firm is committed to helping clients build out this important component of their portfolios.











