Brandão to head Mapfre Investimentos’ institutional area

Fernando Brandão was with Credit Suisse from 2010 until early this year, primarily in the asset management division of the bank and then in CSHG, when Credit Suisse took control of asset manager Hedging-Griffo in 2013.

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Openfunds billed as new global standard for fund data interchange

"Openfunds," developed jointly by UBS, Credit Suisse, Julius Baer, Fundinfo AG and others, provides a widely accepted standard for efficient fund data transmission, says Michael Partin, Openfunds committee member and CIO of Fundinfo.

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Institutional risk-management strategies need urgent overhaul, finds AllianzGI RiskMonitor

Neil Dwane, global strategist at AllianzGI said that that two-thirds of institutions are calling for innovative new strategies to help balance risk-return trade-offs, provide greater downside protection and replace traditional approaches to risk management.

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Morgan Stanley opens third Miami office dedicated to Latin American wealth management

James Jesse, head of International Wealth Management, said he considers the "meeting the offshore-wealth-management needs of Latin American clients" to be a significant growth opportunity. Most of the 22 advisors at the new office are former Credit Suisse employees.

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BNP Securities Services launches locally in Peru

“We are committed to the Latin American region where we have been expanding our network and developing a strong local know-how. Peru is an exciting addition," said Alvaro Camuñas, head of BNP Paribas Securities Services Spain and Latin America.

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Brazil agency clears way for Bradesco’s takeover of HSBC

An OK from Brazil's Administrative Council for Economic Defense has cleared the way for Banco Bradesco to complete its takeover of HSBC in the country, with the firms setting a final transaction date of early July.

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CCR Monthly Approval Report – May 2016

The Chilean regulator delisted 34 funds for falling short of the required minimum of USD 100 million in assets under management, while added six mutual funds and six ETFs to the list of approved instruments eligible to receive allocations.

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Allianz completes acquisition of Rogge Global Partners

Consistent with AllianzGI’s previous integrations, the distinct dynamics and processes of Rogge's 30-year-old investment philosophy will be maintained within AllianzGI’s global investment platform.

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Under Macri, Argentine fund industry could spark financial-market growth

Fund managers in the country's small capital market hope the government will modify regulations to expand their investment options and allow Argentines repatriating money from abroad to escape penalties if they buy into mutual funds.

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Itaú selects Charles Ferraz as head of US-based asset manager

The US-based unit oversees investments in Latin American equities, US debt and funds of funds for Itaú's Brazilian-based and global clients.

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