While lauding the goals of incentives to repatriate overseas assets, Pioneer's Gustavo Lozano told Fund Pro Latin America that Mexico's current problems complicate the likelihood of a strong response from wealthy investors.
Credicorp lands ex-AFP equity manager to spearhead distribution of SSGA ETFs
March 1, 2017 by
Alberto Menendez had been AFP Provida's head of international equity for more than three years before joining Credicorp to manage State Street ETF distribution to Andean institutions.
Chilean AFPs cut Europe, Asia exposure in January while hiking North America
March 1, 2017 by
Schroders, Pimco, AXA and Fidelity benefited from AFP allocations to specialty fixed-income products. The first month of 2017 was positive for cross-border managers thanks in part to strong market returns.
Afore CitiBanamex funds USD 550 million in Asia Pacific mandates with three global firms
February 28, 2017 by
The successful implementation makes the mandates the first-ever targeting the Asian continent, which CitiBanamex said underscores its leadership in the implementation of innovative strategies within the retirement savings system in Mexico.
Chilean AFP industry faces uncertainty from many angles
February 28, 2017 by
The CEO of the Chilean AFP Association, Fernando Larrain, discusses issues confronting the pension system, from potential legislation, the impact of third-party advisors, lack of definition on the alternatives front, and others.
Afore Sura and BlackRock agree to swap USD 200 million mandate for advisory agreement
February 20, 2017 by
Since investing the mandated assets in iShares global-equity ETFs would mean paying a double fees to BlackRock, Afore Sura has modified its mandate with the global firm to a no-cost advisory agreement.
Brazilian government is pushing for a fixed-income ETF; seeks sponsor
February 20, 2017 by
Brazil is preparing the launch of the first local fixed-income exchange-traded fund (ETF). The government will select one manager to run the product, which should be launched by the end of the second quarter.
Brazilian fund industry starts year with best January since 2013
February 16, 2017 by
The leading asset class was fixed income, with net inflows of BRL 35.4 billion (USD 11 billion) in the month, followed by balanced/mixed funds, with net inflows of BRL 6.7 billion.
Cullen is first global firm to sign on with Becon Investment
February 15, 2017 by
On March 15, Jeff Cullen, managing director of Cullen, is slated to speak at a Becon-sponsored event for local advisors in Montevideo, Uruguay.
Natixis Global Asset Management names new CEO
February 13, 2017 by
Jean Raby has been named CEO of Natixis Global Asset Management, and will be in charge of the asset management, private-banking and private-equity business lines.
