As a result, year-to-date net new investment fell to BRL 7.9 billion, the lowest 11-month level since 2008, despite record net flows of BRL 32.6 billion (USD 8 billion) into retirement funds for the year.
BlackRock: Cresting of easy-money tide puts strong recovery in doubt
“We expect little or no price appreciation in fixed income and only muted gains for most equity markets in 2016," said the authors of the outlook from BlackRock.
Natixis: Institutional investors bullish on global stocks and alternatives in 2016
Fifty percent of those surveyed said they will increase private-equity holdings, 46% said they will increase private debt allocations, and 41% responded that they plan to increase allocations to hedge funds.
Chilean AFPs rediscovered global equities in October, to the delight of cross-border managers
October was a good month for active managers Julius Baer, Deutsche, Schroders, Investec and Robeco, while ETF providers iShares and Vanguard finally caught a break as AFPs finally began taking positions in equity again.
Tax holiday on wealthy Chileans could alter local private-banking landscape
Repatriation or sunlighting of undeclared overseas assets could generate new flows to local private banks and wealth managers.
CCR Monthly Approval Report – November 2015
Santander and Amundi registered four and three mutual funds in the month, respectively, while five other managers also won approval for one product of their own.
Morgan Stanley makes play for Credit Suisse’s US offshore team
The early-December announcement ends a month of uncertainty for the Miami and New York-based CS brokers, who were not included in a recruitment arrangement with Wells Fargo that covered US onshore advisors.
State Street sees volatility spilling over into 2016, challenging returns
"Disappointing growth results in emerging economies leads us to forecast low and slow global growth for 2016,” said Rick Lacaille, executive vice president and global chief investment officer at SSGA.
Deutsche X-trackers platform now includes enhanced-beta ETFs
“We are excited to launch our first suite of enhanced beta ETFs in the US,” said Fiona Bassett, head of passive in the Americas. “We believe this new suite complements our expertise and commitment to bringing innovative and relevant investment solutions to market."
ANBIMA recategorizes Brazilian funds based partially on new CVM classification
Funds will be classified on three levels, using first the classification established by the CVM, followed by their management style, asset-allocation and risk factors, and finally additional details of their investment strategies.






