The offices add to JPM's asset management operations in Chile and Brazil.
Actinver strengthens its dollarized fund portfolio with ActiUS
With the aim of strengthening its portfolio of dollarized options, Actinver launched this March its new ActiUS fund of US stocks, with the advice and expertise of Morgan Stanley Investment Management.
Colombian AFPs allocations abroad at three-month high as US focus dominates
Colombian pension-manager investments abroad reached a three-month high in January, as allocations to North America outpaced heavy redemptions from emerging markets. Japan also had a net positive month.
Merrill Lynch trims divisions in executive shakeup
Don Plaus will lead Merrill Lynch's elite Private Banking & Investment Group, which caters to wealthy clients. He'll also oversee the firm's international business, according to news site On Wall Street.
Afore Sura disburses USD 200 million to Pioneer for global equities mandate
Part of a previously announced USD 500 million global equities mandate, Sura has already disbursed USD 150 million to Morgan Stanley and the final outlay - to Investec Asset Mgt. - is still pending.
Natixis: Institutional investors embrace risk in pursuit of better returns and yield
Natixis's David Giunta notes that institutional investors are "balancing risks and embracing alternatives to traditional 60/40 portfolio construction, but always with an eye on their long-term objectives.”
Brazilian fund industry posts record net inflows in February and year to date
The Brazilian mutual fund industry recorded net inflows of BRL 20.7 billion (USD 6.6 billion) in February, the largest haul for any February on record.
Actinver Securities opens office in South Florida to tap Latin American market
Veteran wealth manager Rafael Madan, formerly of Espirito Santo Bank and Wells Fargo Advisors, will manage the new office as executive vice president and branch manager. Mexican-owned Actinver already has US offices in Houston and San Antonio.
Columbia Threadneedle emphasizes AFPs’ need for returns
The representation office opened in Santiago in the middle of last year and headed by Santiago Zarauza, looks set to strengthen the brand at the regional level.
Positive flows, good returns boosted Chilean AFP assets abroad in February
The total Chilean portfolio abroad reached USD 60.9 billion in February and was at its highest since USD 61.3 billion in April 2016. Active funds from Eastspring, TIAA, Pimco, Julius Baer and BNP Paribas were among the leading gatherers for the month.










