BNY Mellon announces hiring of Koelle and Salomonde

Koelle replaced René Boettcher. Salomonde, meanwhile, replaced Zeca Oliveira, one of three executives under the microscope for supposed “irregularities” at the firm. Oliveira and two others were officially dismissed from the company in early December, allegedly in connection with the “irregularities” mentioned above.

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Ranking of Brazilian Mutual Fund Managers – October 2013

This workbook details AUM growth of Brazilian mutual fund managers over each of the last six months, over the last three, six and 12 months, and annually over the last five years. Period ending October 31, 2013.

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Ranking of Brazilian Mutual Fund Managers – September 2013

This workbook details AUM growth of Brazilian mutual fund managers over each of the last six months, over the last three, six and 12 months, and annually over the last five years. Period ending September 30, 2013.

Brazilian Mutual Fund Sector Asset under Management over Last 1, 3, 6, and 12 Months – August 2013

Chart comparing mutual fund sector asset growth over the last 1, 3, 6 and 12 months. Period ending July 31, 2013.

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Credit Suisse names Pereira as Brazil CEO

Credit Suisse Group named José Olympio Pereira as chief executive of its Brazilian unit, overseeing investment banking, private banking and asset management divisions. He replaces Antonio Quintella.

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Pimco to Open Office in Brazil

Pimco will operate in Brazil as PIMCO Latin America Administradora de Carteiras, and will be regulated by the CVM.

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Principal buys stake in Claritas

As part of its long-term strategy to boost its presence in Brazil it will buy a 60% percent indirect ownership stake in the Brazilian mutual fund manager.

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Fitch affirms BTG Pactual asset management’s national asset manager rating at ‘M1(bra)’

The 'M1(bra)' category is assigned to asset managers operations that show the lowest vulnerability to operating and investment management failures.

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Aberdeen has been appointed investment adviser to the Credit Suisse Equity Fund Brazil and Bond Fund Brazil

The equity strategy will be managed by Devan Kaloo, head of Global Emerging Markets, while the bond strategy will be managed by Brett Diment, head of Emerging Market Bonds.

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JP Morgan Funds strengthen in Latin America

The creation of a new job to coordinate all sales in the region, filled by Guiuliano de Marchi, combines with the plans to open a distribution office in Colombia.

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