Stephan Von Hartenstein, regional director, has taken on additional coverage and support responsibilities for the Southern Cone region. Ignacio Durañona, who had been working as an internal wholesaler since 2015, was promoted to Southern Cone regional manager.
CCR Monthly Approval Report – December 2016
January 10, 2017 by
Eight mutual funds were added in December to the list of approved instruments eligible to receive allocations from Chilean Pension Managers (AFPs). Of those, only one it is an equity product, while the others belong to the fixed income and money market asset class categories.
Itau names Constantini as US CEO and head of Northern Hemisphere wealth biz
January 9, 2017 by
Carlos Constantini, who was named CEO of the US unit, will be based in Miami, home to Itau's private-banking operation for Latin American clients. He will take charge of Northern Hemisphere wealth-management, including the Zurich business.
Sovereign wealth funds boost allocations into emerging markets
December 23, 2016 by
Sovereign wealth funds are significantly increasing allocations to private markets (private equity, real estate and infrastructure) and emerging markets, says Will Kinlaw of State Street Associates.
BBVA Bancomer forges ahead with dollarized fund-of-fund family
December 20, 2016 by
"We did not know or expect that Trump would win the US election," said BBVA's Victor Piña Piñeiro. "It seems we had excellent timing for launching these new funds on the market."
Afore Azteca sticking with ETFs as it builds its AUM base
December 20, 2016 by
While nearing critical mass necessary for executing an international mandate, Afore Azteca has decided to diversify its global investment portfolio by strategically using ETFs based on MSCI World indices.
Guida returns to Chile to assist in Corpbanca-Itaú asset manager merger
December 20, 2016 by
"I returned to the country as CEO of Itaú Chile AGF to take over this business and contribute directly to the merger process" of Itaú and Corpbanca, Wagner Guida told Fund Pro Latin America.
Afore XXI Banorte names new CEO
December 19, 2016 by
Tonatiuh Rodriguez Goméz, CEO of Mexico's largest private pension fund, Afore XXI Banorte, will be replaced by Juan Manuel Valle Pereña as of Feb. 1, 2017.
Second TC Latin America real-estate fund raises USD 268 million
December 19, 2016 by
TCLAREF II will opportunistically invest in the development of residential, commercial and industrial real estate projects in Peru, Colombia and Mexico, says Gregorio Schneider of TC Latin America Partners.
Money managers could benefit from latest Brazilian repatriation law
December 19, 2016 by
“A relevant horizon of about BRL 150 billion (USD 40 billion) of "new" resources to be administered onshore and offshore has been opened," said Itau Private Bank's Gustavo Tavares.
