Mónica Cavallini, CEO of the Chilean fund association and a past general manager of the FIAFIN, spoke to Fund Pro Latin America about the upcoming ambitious projects of the regional association.
To raise cash, BTG ponders sale of Swiss bank to EFG
February 19, 2016 by
EFG, the Swiss private bank controlled by billionaire Spiro Latsis and his family, would double its assets under management should the sale go through.
Citigroup plans to shutter retail banking operations from Argentina and Brazil
February 19, 2016 by
CEO of Citigroup, Michael Corbat, has been attempting to cut costs and increase revenues by scaling back the group’s global operations. Apparently, Citi's Uruguayan operations, including the wealth-management-distribution business, will survive the scaleback.
Colombia’s AFP Porvenir opted for EAFE in November while slashing positions in US
February 19, 2016 by
AFP Porvenir made the biggest changes to its international portfolio vis-à-vis its pension-manager peers in November, shifting USD 400 million to a single iShares EAFE exchange-traded fund while redeeming passive positions in US equities.
Ameris launches Chilean AGF to offer alternatives funds for institutional investors
February 19, 2016 by
While launching local proprietary products for consumption of local institutions, Ameris is also banking on a surge of AFP investment in global alternatives, in the event regulations are modernized.
Santander unveils Spanish fund lineup to Andean AFPs
February 9, 2016 by
With Lázaro de Lázaro, CEO of Santander Asset Management España in tow, the manager took a roadshow to Chile, Peru and Colombia, talking up its recently approved Spanish fund lineup and emphasizing the importance of diversifying portfolios to Europe.
HMC expands Andean reach with opening of Bogota office
February 9, 2016 by
Diana Roa, whose resume includes posts in the alternative-investment areas of Colombia-based Alianza Fiduciaria and AFP BBVA Horizonte, will run HMC's newest office.
Acafi promotes boost in alternatives investment, but through Chilean-domciled funds
February 9, 2016 by
In light of a potential boost in AFP investment in alternatives, Cristián Letelier of the Acafi trade group wants the pension managers to continue using local funds to do so, enumerating many benefits of the current practice.
Old Mutual sells fixed-income group Rogge to Allianz Global Investors
February 9, 2016 by
The transaction would strengthen the fixed-income business of Allianz Global Investors, while giving Rogge Global Partners larger distribution of its products. The transaction, which involved an undisclosed sum, is expected to complete in the second quarter of 2016.
Franklin shuffles staffing as bond veteran plans exit
February 9, 2016 by
Takaha recently had been overseeing roughly USD 20 billion across UCITS-compliant and US-only funds. His attention was increasingly on the Franklin Strategic Income fund, which has a USD 7.4 billion US version and USD 1.5 billion in its Luxembourg-domiciled fund.
