Comgest, Lord Abbett, Jupiter, BC Partners and Novacap were the fund sponsors gaining approval for new product.
Julius Baer to sell its domestic Brazilian business to BTG Pactual
Julius Baer will continue to service Brazilian clients from other locations. It has a presence in Mexico, Chile, Uruguay, Colombia, and Spain. As such, the Brazil International business remains unaffected.
Mid-January is the deadline for choosing a pension manager
In this first stage, participants will be allocated to the four existing AFPs but by mid-2025 new managers will be entering the system.
Itaú Private Bank taps Brown Advisory for global expansion
Fernando Beyruti, Global Head of Itaú Private Bank, highlighted the potential for this partnership to expand their advisory role in international investments. It bridges local wealth with global investment opportunities, setting a new standard for private banking in Brazil.
Guillermo Zamarripa appointed as new President of FIAP
Zamarripa, will succeed Guillermo Arthur, who led the Federation for over two decades. Additionally, FIAP’s internal structure was reinforced, with Karol Fernández serving as Executive Vice President.
Regulatory change by Consar now allows Afores to invest in active ETFs
The regulatory update had been long awaited by several asset managers, who can now compete on a more level playing field for a market valued at approximately USD 50 billion.
BlackRock to acquire HPS IP to deliver integrated solutions across public and private markets
This combination creates an integrated private credit franchise with USD 220 billion in client assets.
CCR Monthly Approval Report – November 2024
A total of 10 products were added in the month from the following asset managers: Franklin Templeton, Mirae, Antares Capital, Bain Capital, Intermediate CP, K1 Investment Management and Oakley Capital.
Diego Ceballos to succeed Sergio Soto at Santander AM
New CEO takes on the challenge of boosting market share.
Tempus focuses on wealth and private bank segments
Offices in Argentina and Uruguay join the operation already established in Chile.