Goldman led with three products - two ETFs from its ActiveBeta family and one equity fund, while Vanguard followed with two ETFs and Credit Suisse, Pioneer and BNP completed the list with one fund each.
UBS sees Latam outflows as tax amnesties stimulate redemptions
August 3, 2016 by
Net withdrawals from emerging-market clients amounted to USD 2.4 billion in the second quarter -- much of it from Latin America - said UBS's chief financial officer Kirt Gardner.
Conditions in Chile ripe for creation of state-run AFP
August 3, 2016 by
The government seeks to integrate prison and military employees into the AFP system. Francisco Murillo, CEO of Sura AM, which controls AFP Capital, said he welcomed the initiative.
BRZ Patrimônio is Azimut’s third wealth-management acquisition of 2016
August 3, 2016 by
Azimut CEO Pietro Giuliani said the USD 1.2 million acquisition underscores his firm's commitment to Brazil and its "tireless search for local talent."
Chilean AFPs continue exodus from US and European equity
August 3, 2016 by
Total allocations in equity as of June, at USD 37 billion, were the lowest in over a year and compare with USD 50 billion a year earlier.
UniCredit and Santander terminate talks to merge asset managers
August 3, 2016 by
The planned tie-up using the UniCredit's Pioneer Investments trademark had created uncertainty in Latin America, given Santander's strong brand recognition in Brazil, Mexico, Argentina and Chile.
UBS first to add NextShares active ETFs to advisor platform
August 3, 2016 by
UBS Asset Management Americas also said it will partner with NextShares Solutions to support the development and launch of UBS-sponsored NextShares funds in 2017.
BlackRock’s Latam MD tapped to head firm’s Australian operation
July 25, 2016 by
Dominik Rohe had been working with BlackRock in New York, where he served as a managing director and head of institutional and wealth for the Latin America and Iberia region.
Equity, fixed-income funds posted strong returns in June
July 25, 2016 by
In the year through June, the industry recorded net sales of BRL 38.1 billion (USD 14 billion), 29.5% more than in the same period last year, led by the Fixed Income and Pension funds.
Stronger Real spurs selloff of international funds in Brazil
July 25, 2016 by
BB DTVM's major partners are BlackRock, Nordea, JP Morgan and Schroders, who represent more than 70% of total AUM of its international products, said Ricardo Forni, product manager.
