"We want to stimulate the tracker business because it has huge potential in Mexico," Alonso Madero Rivero, investment director of Actinver Corp., told Fund Pro Latin America.
Sura adds cross-border Franklin Templeton funds to Chilean lineup
April 27, 2016 by
"Open architecture is a pillar of our model of unbiased advice," Renzo Vercelli, CEO of Corredores de Bolsa Sura, told Fund Pro Latin America. The Franklin funds join others sponsored by BlackRock, BTG Pactual and ING.
Chilean AFPs chose emerging-markets bonds in March while dumping Asian equities
April 22, 2016 by
The AFPs made allocations to 14 emerging-markets-bond funds in March, with MS Emerging Markets Corporate Debt-Z and Investec Emerging Markets Corporate Debt-I Acc getting the lion's share of the action.
Prima AFP names new investment manager
April 22, 2016 by
José Larrabure will be the Peruvian pension manager's new head of investments beginning on May 1, 2016. He replaces José Antonio Roca.
General Atlantic to increase stake in Brazil’s XP Investimentos to 49%
April 22, 2016 by
The brokerage firm and fund distributor is growing not only in Brazil but also in the US, where it will probably double headcount this year to about 90 people, with half in Miami and the other half in New York, says CEO Guilherme Benchimol.
EFG Chile taps veteran Tomás Espinosa as CIO
April 19, 2016 by
The Chilean office of the Swiss firm will offer investment-advisory and asset-management services for institutional, corporate and private investors, with a wide range of international funds, both alternative and traditional.
Principal Financial has new CEO in Mexico
April 15, 2016 by
Llaneza took over in April, replacing Alejandro Elizondo who became vice-president and CEO of Principal Financial International based in Iowa.
Sura Mexico makes larger play for affluent business
April 15, 2016 by
Sura's "High-Net-Worth Plus" segment aims to attract clients based in part on personalized attention and access to international strategies, says Luis Ortiz, CEO of the voluntary business at Sura Mexico.
Brazilian equity funds enjoy best month since 2002
April 15, 2016 by
The Brazilian stock market appreciated strongly in March, with the Ibovespa moving up by 16.97%, the highest monthly upturn since October 2002, helping Brazilian equity funds post some hefty gains.
Brazil’s Itaú eyes Citigroup’s Latin American operations
April 15, 2016 by
An acquisition of Citi's chain of banks in Latin America would help Itaú reduce its dependence on Brazil, acknowledged the firm's Ricardo Villela Marino, head of Latam operations.
