The business was valued at about EUR2 billion, or nearly USD2.7 billion.
Former Tanner manager Claudio González opens family office
González created GH Capital Invest with a target of reaching USD20 million AUM in six months of operations with private clients and companies.
Axel Christensen named Chief Investment Strategist for BlackRock in Latin America and Iberia
He will provide asset allocation advice and customized BlackRock model portfolios to better meet the needs of clients throughout the region.
BBVA sells peruvian pension unit
The bank is selling for USD516 million its pension unit in Peru to two separate pension firms, one controlled by Colombian financial conglomerate Grupo Sura and the other by Canada's Bank of Nova Scotia.
Heyman y Asociados joins forces with Franklin Templeton in Mexico
The Heyman team will provide investment management services through Franklin Templeton Servicios de Asesoría Mexico, a new institutional investment management subsidiary, of which Timothy Heyman will become CEO.
Bank of America puts non-US wealth arm up for sale
The deal could bring in up to USD3 billion or more than 3% of assets under management.
Previ plans BRL 300 million to invest in shares of foreign companies
Rene Sanda, Chief Investment Officer, of Brazil's biggest pension, said the decision followed conversations with other other major pension funds, which agreed on the need to invest abroad.
Chile Monthly AFP Report Statistics – July 2013
Excel workbook detailing investments of all Chilean AFPs to international mutual fund managers. Data as of July 31, 2013.
Peruvian AFP Investments in International Mutual Funds – July 2013
Excel workbook detailing Peruvian AFP allocations to global mutual fund managers, over various time periods. Also included is a breakdown of offshore allocations by asset class, over various time periods. Data as of July 31, 2013.
Baer seen close to buying Merrill’s non-U.S. wealth units
One source said that Baer could pay up to USD2 billion for the unit, which manages some USD90 billion for clients in Europe, Latin America, the Middle East and Asia.





