Marcelo Coscarelli had been managing director for wealthy and HNW clients at Citibank Latin America. From 2008 through 2012, he was COO at Itaú Private Bank International in Miami.
Scotia-controlled AFP in Colombia names new CIO
November 14, 2016 by
Colombian AFP Colfondos has named Andrés Lozano as its new chief investment officer, replacing Mateo Ossa.
Colombian AFPs boosted their exposure to emerging markets in August
November 14, 2016 by
Colombian AFPs in August increased their exposure to emerging-markets equity by US 477 million, lifting their stake in the region to 24% just behind that of Europe. iShares reached USD 6.4 billion in AUMs, leading the field.
State Street inks distribution deal with Credicorp Capital
November 14, 2016 by
In commenting on the appointment of Peruvian-owned Credicorp Capital as its Andean distributor, SSGA's Nick Good said, “Latin America is a strategically important market to the SPDR business."
Deutsche sells Mexican banking and brokerage business to InvestaBank
November 14, 2016 by
InvestaBank would gain control of Deutsche's lucrative depository-receipt business in Mexico, which has profited from sales of foreign securities (including ETFs) on the Mexican Stock Exchange.
Lazard integrates Latam American advisory operations
November 14, 2016 by
Matias Eliaschev, former MBA Lazard Managing Partner, has been named CEO, Lazard Latin America ex Brazil and Mexico investment banking, effective immediately.
Pension consultant: Small firms can’t afford to launch, fund corporate plans
November 2, 2016 by
Recent tax reform is only partly to blame for slow growth of corporate plans in Mexico, Antonio Valencia, director of actuarial operations at the Vitalis pension consulting firm, told Fund Pro Latin America.
CCR Monthly Approval Report – October 2016
November 2, 2016 by
While iShares led with 14 ETFs registered in the month, Fidelity (three), Invesco, Neuberger Berman and UBS also won approval for funds of their own.
MFS International hires Miami-based associate director and wholesaler
October 25, 2016 by
Eric Figueroa will be responsible for the sale of MFS Meridian Funds, working with advisors across all channels, including family offices, independents, banks and wirehouses, in the southeastern United States, the Caribbean and Central America.
Franklin’s senior director for the Americas assumes Paris-based role
October 25, 2016 by
Michel Tulle, currently based in Buenos Aires, will report from Paris as of January 2017 to Vivek Kudva, managing director of EMEA, and responsible for the coordination and development of the business in this area.
