“This year we are seeing that pension funds are more cautious about investing in international funds," Francisca Brasileiro, senior investment consultant for Willis Towers Watson, told Fund Pro Latin America.
State Street sees institutions warming to factor-based models in low return environment
May 9, 2016 by
“Institutions are struggling with different investment policies that don’t meet their needs,” said Lori Heinel, chief portfolio strategist at State Street Global Advisors. Increasing adoption to approaches including objective- and factor-based models such as smart beta strategies may offer better risk weighted returns, SSGA says.
CCR Monthly Approval Report – April 2016
May 2, 2016 by
BNP Paribas led with three mutual funds - three of them Europe Equity products - registered in the month, while New Capital, a fund family belonging to EFG AM, followed with two mutual funds.
JP Morgan Brazil is bullish on demand for international offerings
May 2, 2016 by
Giuliano de Marchi believes there are 500,000 Brazilians with investments in excess of BRL 1 million, the amount needed to fully invest abroad. “Yet, only 1% of the investors able to invest abroad actually do it,” he told Fund Pro Latin America.
Mexico’s fund industry has grown just 9% in dollar terms the last five years
May 2, 2016 by
The 40% drop in the value of the Mexican peso has severely impacted results in dollar terms, while the number of investor contracts in funds has hovered around the 2 million mark.
JP Morgan AM takes minority stake in ETF provider Global X
May 2, 2016 by
"Investing in Global X augments our ETF strategy by expanding and deepening our participation in this fast-growing industry," said Jed Laskowitz, co-head of global investment management solutions for JP Morgan Asset Management.
Credit Suisse adds several UBS wealth managers to Mexico-based team
May 2, 2016 by
Under CEO Tidjane Thiam, Credit Suisse's new strategy is centered on the expansion of wealth management operations in emerging markets, including Mexico and Brazil.
Itaú loses Latam bond specialist
May 2, 2016 by
Alejandro Schuma was responsible for Latin American corporate credit and local markets and ran the Itaú Latam Corporate Bond fund.
Prima AFP names new investment manager
April 22, 2016 by
José Larrabure will be the Peruvian pension manager's new head of investments beginning on May 1, 2016. He replaces José Antonio Roca.
General Atlantic to increase stake in Brazil’s XP Investimentos to 49%
April 22, 2016 by
The brokerage firm and fund distributor is growing not only in Brazil but also in the US, where it will probably double headcount this year to about 90 people, with half in Miami and the other half in New York, says CEO Guilherme Benchimol.
