BlackRock’s Factor-Based Strategies Group, led by Andrew Ang, oversees the broadest suite of factor-based products and capabilities, with more than USD 142 billion in assets under management.
Deutsche hires Patrick Campion as head of Americas wealth management
May 18, 2016 by
Campion, a managing director, will report to Fabrizio Campelli, global head of Deutsche Bank Wealth Management and will become a member of the Wealth Management Executive Committee.
UBS names celebrated Citigroup vet as Americas vice chairman
May 18, 2016 by
Ed Montero had spent more than 50 years at Citigroup, most recently holding the position of vice chairman of Citi Private Bank and Wealth Management Latin America.
Afores scaled back their foreign exposure in the first quarter
May 13, 2016 by
Turbulence in the first quarter forced Afores to refocus their investment portfolios toward strategies that give them higher returns and minimize volatility, BlackRock's Juan Hernández told Fund Pro Latin America.
Volumes swell on Chile’s offshore securities exchange
May 9, 2016 by
Treating foreign vehicles as local tax-wise would go a long way to strengthening Chile's foreign securities market, said José Antonio Martínez, general manager of the Santiago Stock Exchange.
Actinver makes play for Afore investment with latest ETF launch
May 9, 2016 by
Speaking of Actinver's MILA ETF, investment director Alonso Madero Rivero said, "We believe Mexican Afores could be interested in this tracker because it combines the 62 largest liquid companies representative of the Pacific Alliance."
Principal launches international fund platform in Chile
May 9, 2016 by
María Eugenia Norambuena told Fund Pro Latin America that Principal is leveraging in Chile its unique worldwide business model, which is based on a multi-boutique strategy and powered by wholly-owned affiliated companies, such as Spectrum Asset Management.
Brazilian pensions pulled back on international investments in 1Q
May 9, 2016 by
“This year we are seeing that pension funds are more cautious about investing in international funds," Francisca Brasileiro, senior investment consultant for Willis Towers Watson, told Fund Pro Latin America.
State Street sees institutions warming to factor-based models in low return environment
May 9, 2016 by
“Institutions are struggling with different investment policies that don’t meet their needs,” said Lori Heinel, chief portfolio strategist at State Street Global Advisors. Increasing adoption to approaches including objective- and factor-based models such as smart beta strategies may offer better risk weighted returns, SSGA says.
Cross-border firms lost USD 1 billion in Colombian AFP assets in January
May 2, 2016 by
iShares, Vanguard and State Street, the biggest recipients of Colombian AFP allocations, all suffered AUM declines. AFPs Protección and Colfondos were behind some of the largest allocation shifts.
