NuShares ESG ETFs track the performance of the US market across various market caps and investment styles, while giving consideration to environmental, social and governance criteria.
Legg Mason installs cross-border distribution head in Sao Paulo
December 14, 2016 by
After 10 years as a Western Asset Brazil executive, Roberto Teperman now has the role of distributing the entire fund platform of the Legg Mason group, which includes nine subsidiaries around the world.
Brazilian equity funds suffer in wake of Trump election
December 14, 2016 by
Despite the performance setback for equity, the Brazilian fund industry is on pace to record its highest annual net inflows since 2012, as YTD net inflows reached BRL 89.7 billion at the end of November.
Pioneer Investments to be purchased by Amundi for USD 4.1 billion
December 13, 2016 by
With over EUR 1 trillion in assets, Amundi is ranked the world’s 12th-largest asset manager. The Pioneer deal would turn it into the world’s eighth-largest asset manager, according to main shareholder Credit Agricole SA of France, handling EUR 1.3 trillion in assets.
Ameris alternatives fund raises USD 50 million from Chilean institutions
December 13, 2016 by
Ameris's distribution arm, led by Francisco Opazo, surprised with news that the biggest contributors to the global alternatives vehicle were seven local insurance companies.
Raymond James sells Argentine fund manager and broker to local partners
December 12, 2016 by
Shareholder Eduardo Tapia has increased his stake in the Buenos-Aires-based asset manager Delta Asset Mgt. and will continue as director. Gabriel Ruiz and Christian Cavanagh will keep their executive roles.
BofA Merrill: 2017 shaping up as year of the active investor
December 12, 2016 by
“If investors choose asset classes, sectors and stocks carefully, they can meaningfully outperform the market," says BofA Merrill's Candace Browning. "2017 could be the year of the active investor.”
Chilean AFPs showed renewed interest for US equities ahead of of November elections
December 10, 2016 by
AFP exposure to North American equity hit a three-month-high of USD 10.4 billion in October, as managers plowed USD 438 million into the segment. Over the last three months, the SPDR S&P 500 has accumulated USD 1.2 billion in new AFP investment.
Regulators, intermediaries not worried by impact of Trump on Mexican fund industry
December 9, 2016 by
Edurado Flores Herrera, vice-president of Securities Supervision at Mexico's CNBV, discussed with Fund Pro Latin America the new mechanisms in place to buffer the mutual-fund clients from market-induced shocks.
XXI Banorte plans early 2017 RFP
December 9, 2016 by
XXI is the most active Afore in terms of international mandates, having announced a USD 150 million mandate with Pioneer, new disbursements in its European mandate with BlackRock and Schroders, and, according to CIO Sergio Méndez, an upcoming RFP in early 2017.
