“As investors debate the timing of a rate hike, they should be anticipating a massive policy shift in the US, Europe and Japan from QE to fiscal stimulus in 2016,” said Michael Hartnett.
Chilean Congress ratifies double-taxation treaty with US
October 19, 2015 by
The agreement is being viewed closely by sponsors of cross-border funds on offer to Chilean pension funds, since the AFPs have historically avoided investment in US funds in order to avoid the withholding tax on capital gains and dividends.
BlackRock completes acquisition of Mexican infrastructure investment firm
October 14, 2015 by
This acquisition of Infraestructura Institucional, a specialist in transportation, energy and social infrastructure, is another step towards establishing BlackRock’s infrastructure investment capabilities in Latin America.
BTG Pactual’s top two cross-border-fund distributors quit; rumored to set up own firm
October 14, 2015 by
The abrupt departures could impact the distribution of brands such as Aberdeen, Aviva, Credit Suisse, Henderson, State Street and Columbia Threadneedle.
Columbia Threadneedle teams with institutional heavyweight Rio Bravo in Brazil
October 14, 2015 by
Columbia Threadneedle’s Joseph Sweigart said his firm is teaming with independent manager Rio Bravo Investimentos to launch a Brazilian-domiciled European-equity fund targeting Brazil’s corporate-pension market.
Chilean managers swayed by PineBridge’s local presence and global perspective
October 14, 2015 by
"In the last two years, investors have shown great interest in equity funds in Asia and India, along with private capital funds focused on loans and secondary funds," said Stacy Steimel, managing director at PineBridge Investments in Santiago.
Mirae’s Brazilian arm to launch local feeder investing in Asia ex-Japan
October 14, 2015 by
Jorge Sierra, director at Mirae Asset in Brazil, said the Korean firm will attack both institutional and individual investors with the launch. The local feeder invests in the USD 700 million Mirae Asia Great Consumer fund, whose benchmark is the MSCI Asia Ex-Japan index.
Franklin adds to Mexican fund lineup in fixed-income segment
October 6, 2015 by
Hugo Petricioli, the Franklin's director and country manager in Mexico, said the launch would expand its product line and make "our investment strategies available to more investors."
CCR Monthly Approval Report – September 2015
October 1, 2015 by
AXA and Fidelity registered six new mutual funds, while Nordea had three new funds approved.
AXA beefs up staffing for Americas offshore business
October 1, 2015 by
The firm hired Rafael Tovar (photo) as director of US offshore distribution and transferred from Spain Leticia Aymerich, naming her head of customer service for the Americas region. Both are based in Greenwich, Connecticut.
