Fitch believes that HSBC Gestão's main challenge is to increase participation in higher value-added funds in the face of strong competition, to improve performance of its funds and grow its AUM in an increasingly challenging environment.
Warburg Pincus names seasoned exec Minardi as managing director in Brazil
Piero Minardi, who has spent time with Gávea Investimentos, Darby Overseas Investments, Baring Private Equity Partners and AIG Capital Partners, will work with the Brazilian team of Warburg to identify, evaluate and manage investments in Brazil and across Latin America.
Fitch assigns ‘High Standards’ rating to Vinci’s asset management unit
The 'High Standards' rating assigned to Vinci Equities reflects Fitch's opinion that the investment platform and operational framework of the asset manager are strong relative to the standards applied by institutional investors in international markets.
Templeton launches cross-border fixed-income fund to attract Brazilian pensions
The fund aims to bring the excess return relative to the alpha generated in international markets and translate it into Reais. "The goal is that the fund generate returns of CDI plus 5.5% or 6%," explained Marcus Vinicius Goncalves (picture), representative of Franklin Templeton in Brazil.
Patria Investimentos to open Colombian private-equity shop
The firm, which is backed by Blackstone, has announced that it will open an office in Colombia and investment of up to USD 500 million.
BNP Paribas names Brazilian president in effort to accelerate growth
Sandrine Ferdane is replacing Louis Bazire as president of the Brazilian unit. Bazire will continue as head of Latin America.
Allianz and Votorantim team up to launch FoF targeted to Brazilian pensions
The local feeder focusing on European equity starts with seed capital of USD 8 million, three quarters of which was put up by Allianz. The fund's biggest selling point is its avoidance of markets in the US, where most early launches have tended to target.
André Cobianchi named head of institutional sales at JPMorgan Brazil
Cobianchi served between 2000 and 2013 at BTG Pactual, where he performed important roles serving institutional clients and acting in in the area of distribution and pricing of local DCM deals.
XP Investimentos buys Internet brokerage Clear
The holding company of XP Investimentos announced the acquisition of the Internet brokerage Clear in a transaction estimated at BRL 90 million.
Luciana Rodrigues takes over capital-markets area at Previ
The capital market area has been responsible, among other activities, for the process of foreign investment initiated by the pension fund this year.











