Credit Suisse adds several UBS wealth managers to Mexico-based team

Under CEO Tidjane Thiam, Credit Suisse's new strategy is centered on the expansion of wealth management operations in emerging markets, including Mexico and Brazil.

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Itaú loses Latam bond specialist

Alejandro Schuma was responsible for Latin American corporate credit and local markets and ran the Itaú Latam Corporate Bond fund.

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Actinver launches ETF to capture investor interest in MILA

"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.

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Sura adds cross-border Franklin Templeton funds to Chilean lineup

"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.

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Chilean AFPs chose emerging-markets bonds in March while dumping Asian equities

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.

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Prima AFP names new investment manager

José Larrabure will be the Peruvian pension manager's new head of investments beginning on May 1, 2016. He replaces José Antonio Roca.

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General Atlantic to increase stake in Brazil’s XP Investimentos to 49%

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.

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EFG Chile taps veteran Tomás Espinosa as CIO

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.

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Principal Financial has new CEO in Mexico

Llaneza took over in April, replacing Alejandro Elizondo who became vice-president and CEO of Principal Financial International based in Iowa.

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Sura Mexico makes larger play for affluent business

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.

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