The exclusive distribution agreement is aimed at boosting Mongeral Aegon's institutional-client base and its AUMs in the institutional segment, said Helder Molina, president of the firm in Brazil.
Jorge Diaz departs BlackRock to join Compass Group
Compass is the leader in third-party distribution to institutional clients in the region, with more than USD 12.7 billion raised for the seven international firms: Vanguard, PIMCO, Investec, Eastspring, Nomura, UBS and Wisdom Tree.
BTG Pactual names Pedrosa executive director of international funds area
Prior to joining BTG Pactual in June 2016, he was the Madrid-based Spanish country head of Tikehau Investment Management, a leading independent boutique with a strong focus on private debt.
AZ Quest close to launching international feeder funds in Brazil
Walter Maciel, CEO of AZ Quest, told Fund Pro Latin America that the company opted to wait for a stabilization in the currency market before starting to offer international products to Brazilian investors.
Zarauza named Chilean country head as Columbia Threadneedle opens Andean office
Santiago Zarauza, who had been HMC Capital's head of institutional sales for Latin America for the last two years, will report to Rubén García Paéz, head of Iberia & Latam distribution.
CCR Monthly Approval Report – June 2016
Axa led with seven mutual funds registered in the month, all of them bond products, followed by Ashmore, Henderson and Natixis, each with one fund approved.
Brandão to head Mapfre Investimentos’ institutional area
Fernando Brandão was with Credit Suisse from 2010 until early this year, primarily in the asset management division of the bank and then in CSHG, when Credit Suisse took control of asset manager Hedging-Griffo in 2013.
Chilean insurers push for 40% foreign investment limit
Commenting on a bill under review in Congress, Jorge Claude, executive VP of the Association of Insurers, said wider latitude to invest offshore is required in light of the small local capital market.
Invex adds third-party European fund to its private-banking platform
The boutique bank has included the EDM-advised fund on its third-party platform. The bank is encouraging its clients to diversify their portfolios, Jean Louis Guisset, director of Invex private banking business, told Fund Pro Latin America.
PPK would seek to reverse damaging law allowing retiree withdrawal of pension assets
In one month alone, withdrawals of around USD 300 million were made, and it is estimated that in one year withdrawals could reach 10% of the total Peruvian pension fund.










