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
May 18, 2016 by
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.
VanEck, Ned Davis team up to offer tactical asset allocation solutions
May 18, 2016 by
“The VanEck NDR Managed Allocation Fund will be just the first offering in what we expect will be a series of VanEck tactical fund solutions," said VanEck’s president and CEO Jan van Eck.
Fidelity: Investors bailing out of choppy markets may miss out on opportunities
May 18, 2016 by
“There is no question that the market had a volatile start to 2016, so it’s no surprise that volatility was a top concern for advisors in the first quarter,” said Scott E. Couto, president, Fidelity Institutional Asset Management.
BlackRock’s iShares unit to unveil new line of multi-factor sector ETFs
May 18, 2016 by
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."
