As part of a so-called “footprint rationalization” strategy, Deutsche is closing its Argentine and Mexican operations while trimming by about 50% its staffing in Brazil as it moves trading elsewhere.
Western Asset preps global-equity feeder allocating to sister firm ClearBridge Investments
September 7, 2016 by
The feeder fund will hit the ground running with BRL 35 million (USD 11 million) raised from Brazilian pension funds, said Marc Forster, executive director at Western Asset Mgt. in Sao Paulo.
CCR Monthly Approval Report – August 2016
September 7, 2016 by
HSBC led with three mutual funds - two of them fixed-income products and one equity - while BNY Mellon and Lazard followed with two funds each. The list was completed by fund listings from Nordea and GAM, while State Street listed a real-estate ETF from its SPDR family.
First Trust gains access to Chilean investors via alliance with BCI
September 7, 2016 by
“We are focused on building a team worthy of the clients we have the privilege of working with in Chile and across Latin America," said Codie Sanchez-Baker, head of Latin America and US Offshore Distribution at First Trust.
Columbia Threadneedle boosts strategic beta capability with purchase of ETF family
September 7, 2016 by
The acquisition of Emerging Global Advisors adds over USD 900 million across a suite of nine emerging-markets-equity ETFs. The ETFs "enhance and complement our actively managed investment capabilities and bring our expertise to a broader set of investors,” said Columbia Threadneedle's Ted Truscott.
Afore XXI-Banorte to proceed with Asian equity RFP
September 7, 2016 by
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
September 7, 2016 by
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
September 2, 2016 by
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
September 1, 2016 by
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
August 24, 2016 by
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.
