Felipe Andrés Herrera Rojas has taken over the CIO role at Protección, Colombia's largest private pension manager, which is part of Sura Group.
iShares big beneficiary of Colombian AFP focus on emerging markets
October 6, 2016 by
The iShares MSCI Emerging Markets ETF was by far the biggest gainer for the month, with allocations coming from AFP Proteccion, with a USD 218 million deposit, and smaller amounts coming from Colfondos, Porvenir and Old Mutual.
Afore Banamex ready to fund Asian mandates
October 5, 2016 by
Rodrigo Blancas, Afore Banamex's international equity portfolio manager, told Fund Pro Latin America that the funding to four global managers will total USD 500 and USD 600 million for the Asian market and will take place in October.
Stein resurfaces at Itaú Unibanco
September 29, 2016 by
Bruno Stein will be responsible for the commercial areas of the giant bank's retail and high-net-worth (wealth management) segments. He left BlackRock in March 2016 after nearly six years in a pioneering role for the company.
Itaú has pole position for acquisition of Citi’s Brazilian retail banking operation
September 29, 2016 by
Itaú has reportedly outbid Banco Santander in initial offers presented to Citigroup. The Spanish bank is exclusively negotiating on Citi's Argentine operation while Scotiabank is in talks for its Colombian holdings.
Citi Private Bank continues to build out Latin American team
September 29, 2016 by
As newly named head of the Latin American multi-asset trading & advisory team, Nicolas Schmidt-Urzua will be responsible for providing complex trading solutions to the firm’s most sophisticated capital markets clients, including active traders.
HSBC Private Bank appoints US head of investment services and product solutions
September 29, 2016 by
Russell Schofield-Bezer will be responsible for the development and delivery of investment services and offerings to clients, the performance of discretionary and advisory mandates in the region, and the development of new initiatives and product ideas for local distribution.
Four Mexican Afores are preparing international mandates
September 28, 2016 by
XXI Banorte is one of four Mexican Afores actively soliciting RFPs from global managers or planning to do so in the short term. Sergio Méndez, CIO of XXI Banorte, said the Afore will analyze proposals for Asian and US mandates in October, and fund them by the end of the year.
Lombard International opens new office in Miami
September 28, 2016 by
“The Miami office serves as a gateway for us to engage with and educate advisors of the Latin American high-net-worth community,” said Helmer Arizmendy, senior managing director and Latin America region head for Lombard International.
BlackRock hires Carlos Takahashi as strategist
September 23, 2016 by
Former CEO of the country’s largest asset manager, BB DTVM, Takahashi will now serve as advisor to BlackRock in Brazil.
