Nicholas McCarthy will be based in Sao Paulo and oversee strategy for asset allocation and the investment-advisory business for wealthy Latin American individuals.
HIG Capital takes aim at Colombian private-equity and alternatives market
September 19, 2016 by
The global private-equity firm has installed Andrés Marulanda, an MIT graduate with nine years' experience in the local private-equity market, in its newly established Bogota office.
Fixed-income and flexible funds drive inflows in August
September 19, 2016 by
The Brazilian mutual fund industry posted net new inflows of BRL 21.1 billion (USD 6.4 billion) in August 2016, bringing total NNI to USD 72 billion in the first eight months of 2016.
Fidelity angles for piece of the Factor ETF action
September 19, 2016 by
While commenting on the launch of six factor ETFs, Anthony Rochte, president of Fidelity's ETF-services division, noted that its USD 250 billion in ETF AUMs represents about 11% of all US-domiciled ETF assets.
Credit Suisse bolsters position in Mexican real-estate segment
September 18, 2016 by
Raul Gallegos, who came to Credit Suisse when GE Capital exited the Mexican market, told Fund Pro Latin America that the latest fund is shooting for institutional investment of USD 500 million by the end of 2016.
Scotia Wealth in Mexico allocates USD 650 million to third parties
September 15, 2016 by
Open architecture allows newly branded Scotia Wealth Management to offer the best solutions to its affluent Mexican clients, said VP Jaime Montemayor.
Two more ex-Merrill advisors launch independent boutique firm
September 14, 2016 by
The principals of the newly launched Coral Gables-based Maximai Investment Partners were said to run client books worth a combined USD 550 million.
Allocation from Colfondos bolsters Pictet European fund
September 13, 2016 by
The USD 150 million allocation juiced the AUMs of the Pictet Europe Index-I EUR product in June. Meanwhile, AFP Protección made some significant changes to its portfolio that impacted Morgan Stanley, iShares and Vanguard.
Credicorp takes over Andean distribution for State Street
September 11, 2016 by
The tri-national firm had been looking for a passive manager for its distribution business, to complement its roster of traditional and alternatives firms, said Credicorp's Ignacio Montes, regional director of institutional distribution.
BTG Pactual Chile names new group heads
September 8, 2016 by
Fernando Massú, ex CEO of Corpbanca, has taken over as BTG's president, in replacement of Juan Andres Camus. New heads of the fund-management and brokerage arms were also named.
