After the failed merger operation with Pioneer Investments, the Chilean unit of Santander Asset Management is now working on reinforcing its investment team, starting with the entry of Héctor Godoy as head of equity.
New CEO named at AFP Colfondos
January 24, 2017 by
Alain Foucrier Viana was named head of the Colombian pension fund Colfondos, replacing Alcides Vargas Manotas.
Chilean AFPs pull money from global equities, ending three-month streak
January 24, 2017 by
Allocations into high-yield and money market offset the equity pullout. Total AUMs invested in cross-border funds and ETFs came to USD 58 billion, down from USD 62 billion a year earlier.
Snowden Lane adds ex-Wells international advisors
January 23, 2017 by
David Lautz and Francisco Malfavon have joined Snowden Lane's San Diego office. They are the forming the LEM Group, and bring USD 125 million in client assets, increasing Snowden Lane’s asset base to over USD 3 billion.
Toesca AGF relaunches with team of ex-BTG execs
January 13, 2017 by
The independent Chilean firm was spun off by Moneda Asset Mgt. and purchased by ex BTG executive Alejandro Reyes. Since then, it's been populated by a slew of BTG analysts and managers, including lead portfolio manager Rodrigo Rojas.
Evans leaves Investec to take Oppenheimer post
January 13, 2017 by
Tom Evans told Fund Pro Latin America that his role and coverage territory at Oppenheimer will be similar to that of Investec, specifically the US offshore business covering New York, Texas, California and Toronto.
Becon Investment Management to help global brands gather assets in Latam intermediary channel
January 12, 2017 by
Three deeply experienced sales executives have formed Becon Investment, which primarily seeks to represent third-party fund managers in the intricate, relationship-dependent US Offshore and Latam Offshore market.
AFPs put hold on new investment in private-equity funds
January 12, 2017 by
With President Bachelet's vow to "modify the various forms of hidden fees...which take resources from participants’ accounts with no real justification," the AFPs now fear they may eventually have to pay third-party-fund management fees.
Pre-Trump, Colombian AFPs embraced emerging markets and North America while turning away from Europe
January 11, 2017 by
At the close of October, Colombian AFPs had boosted their exposure to emerging markets to nearly USD 4 billion, an 18-month high. Overall allocations abroad reached USD 14.9 billion, an 11-month high.
Natixis survey: Volatile market environment prompting more active investing
January 10, 2017 by
“Unprecedented economic and political forces around the world are the top concern for institutions in 2017,” said John Hailer, CEO of Natixis Global Asset Management for the Americas and Asia and head of global distribution.
