The US-based unit oversees investments in Latin American equities, US debt and funds of funds for Itaú's Brazilian-based and global clients.
Hartford Funds partners with Schroders to expand investment platform
“This relationship will allow us to expand the breadth of our investment capabilities and continue to deliver quality solutions to US investors, both now and in the future,” said Jim Davey, president of Hartford Funds.
Credit Suisse to shutter Panama private-banking office
The bank said the closure was unrelated to the recent Panama Papers leak, noting that is remains committed to the region via its presence in Mexico, Brazil and Chile.
Brazilian funds got boost from market recovery in April
The equity fund class was once again the best performer, led by the FMP‐FGTS and single equity types, with respective upturns of 26.91% and 23.28%, fueled by the appreciation of Vale and Petrobras shares, which are predominant in these portfolios.
Deutsche’s Latin America CEO to step aside as Grelle is promoted
Bernardo Parnes, chief executive officer of Latin America operations at Deutsche Bank AG, is planning to leave the firm, handing off oversight of the Brazil unit to Renato Grelle.
Axa Investment Managers to launch local fund operation in Mexico
Led by Salvador Moreno Segura, AXA's staff also includes Salvador Galindo Cuspinera (formerly of the local operation of Sura Investment Management) as designer of fund portfolios and head of the local investment team.
Responding to calls for transparency, Consar provides more details on Afore investment strategies
In an interview with Fund Pro Latin America, the head of the Afore association defended the lack of access to pension fund portfolios, citing the competitive operating environment in which the Afores operate.
Natixis survey finds affluent US investors don’t understand risks behind passive investing
Natixis's survey found that 64% of investors think index funds will help minimize losses, 69% believe index funds offer better diversification, and 61% believe index funds provide access to the best investment opportunities in the market.
Santiago Arias assumes control of institutional distribution at HMC Capital
Santiago Arias will lead the business of fund distribution that HMC has built over the last three years, particularly in the area of private equity, a strong suit for the ex-PineBridge Investments manager.
AFPs may gain authorization to invest directly in infrastructure projects
The proposal would authorize direct investment by AFPs and insurers in infrastructure projects, and no longer require the managers to allocate to local closed-end investment funds.









