The candidate's campaign released a proposal that would boost employer contributions by 4%, all of it channeled to AFPs, as opposed to the current government's plan to use a government-supervised fund outside the purview of the AFP industry.
Senior Goldman exec to take reins of Julius Baer’s Latin operations
July 31, 2017 by
Beatriz Sanchez is slated to replace Gustavo Raitzin, who has led the Julius Baer's Latin America effort since 2005, overseeing the firm's expansion in Latin America and broadening the business along a network of currently eight locations.
CCR Monthly Approval Report – July 2017
July 31, 2017 by
Only three products were added in the month from three different asset managers: HSBC, Macquarie and Kames Capital.
BNY Mellon Latam head sees opportunities in Chile, Uruguay and potentially Mexico
July 31, 2017 by
Sasha Evers, who leads BNY Mellon IM's Latin business from Madrid, says the firm will maintain its current team size in Santiago, Chile, while pursuing a strategy of organic growth.
Brazilian fund industry attracts USD 36 billion in flows in first half
July 31, 2017 by
Affluent investors were behind most of the gains, and they allocated mostly to fixed-income and balanced/mixed funds. Short-term funds were outperforming other savings and investment vehicles in the market, leading to a migration of investors toward these vehicles.
UBS Wealth Management: Anxiety abounds among baby boomers approaching retirement
July 31, 2017 by
UBS's Paula Polito said that baby boomers, instead of 'living to work,' need to start 'working on living,' i.e. figuring out how they will fill their time and find their purpose once they leave the workforce."
Regulator sees life-cycle funds in Afores’ future
July 31, 2017 by
The Consar is looking to convert the rigid four-fund multifund system into something much more streamlined, which could also permit more foreign investment by the Afores.
BTG Pactual to distribute funds of Fraga-led Gávea Investimentos
July 25, 2017 by
Ignacio Pedrosa, BTG Pactual's manager for third-party distribution, said Gávea had exceptional managers with a combination of political and business experience very difficult to find.
GAM, Invesco and Allianz reap Chilean AFP push into Asia and Europe
July 24, 2017 by
The AFPs have roared back into Europe and Asia, pumping more than USD 1 billion into equity products from the two regions in June, to the benefit mostly of active managers.
BNP Paribas Brazil makes string of hirings to beef up wealth team
July 19, 2017 by
Rogerio Santos, who has passed through HSBC, Votorantim, BankBoston and Cititbank, was named BNP's commercial superintendent for wealth management. Five other hires were made to beef up the wealth management area.
