"Wealth management and insurance is one of the fastest-growing global businesses for the group, and Mexico is one of our main markets," said Victor Matarranz, Santander's global head of wealth management and insurance.
BNP Paribas Opens Miami Office
December 12, 2023 by
The bank appointed Matt O’Connor as Head of its new Miami office and Annabella Espina the Chief Operating Officer (COO).
CCR Monthly Approval Report – November 2023
December 6, 2023 by
A total of 14 products were added in the month from the following asset managers: Vanguar, New Capital, Invesco, UTI Goldfinch, TowerBrook Capital Partners and Strategic Partners.
Demand for cross-border oriented funds recovered in the third quarter
November 27, 2023 by
Fixed income strategies attracted greater attention from institutional investors. Regulatory changes in the taxation of funds can boost greater demand from high-net wealth clients in allocating their resources internationally, said Fernando Cavallete, portfolio specialist at Itaú Asset.
JP Morgan closes agreement with Calastone in Brazil
November 22, 2023 by
Brazil is one of the largest fund markets in the world and is currently growing in scale. CVM 175 presents an opportunity for Brazilian investors to further diversify their investments, and this connectivity allows JP Morgan Asset Management in Brazil to prepare for the future," said William Brennan, Director of New Markets at Calastone.
Mutual funds see outflows of BRL 4.7 billion in October
November 19, 2023 by
The Balanced-Mixed/Foreign Investment had the largest net selling of BRL 4.7 billion in October, followed by the Balanced-Mixed/Macro, with BRL 4.5 billion in outflows.
CCR Monthly Approval Report – October 2023
November 8, 2023 by
A total of six products were added in the month from six different asset managers: Franklin Templeton, Goldman Sachs, Impax, Jupiter, KPS Capital and Vanguard.
Brazil mutual funds lose BRL 13.6 billion in September
October 23, 2023 by
The Balanced-Mixed class led losses, with outflows of nearly BRL 11.9 billion in the month.
CCR Monthly Approval Report – September 2023
October 3, 2023 by
A total of five products were added in the month from four different brands: Franklin Templeton, Colchester, M&G, and Independencia.
Brazil mutual funds attracted BRL 26 billion in net new inflows in August
September 22, 2023 by
Fixed-Income Short Duration/Investment Grade funds, which invests at least 80% of its portfolio in federal government bonds or low-risk debt, attracted BRL 11.8 billion, little more than half of total net purchases.
