Patrick Thomson retains his existing role as global head of sovereign clients, and now leads the firm’s institutional sales efforts for international clients, including Latin American pension funds and insurance companies.
Barclays recommends investors position for a lower growth environment
October 1, 2015 by
"There is no quick bounce-back coming,” said Ajay Rajadhyaksha, head of macro research at Barclays. He also believes the US dollar will continue to be strong vs. downside for the Euro and other commodity currencies.
Goldman Sachs gets in the ETF game with launch of US Large Cap vehicle
October 1, 2015 by
"Our clients asked us to apply our investment expertise to exchange-traded funds," said Michael Crinieri, GSAM's global head of ETF strategies. “We believe ActiveBeta ETFs create solutions for them and capitalize on our global reach and deep knowledge of the markets.”
Afores join forces with Canadian investor to fund Mexican infrastructure projects
October 1, 2015 by
CDPQ, whose president is Michael Sabia (photo) and the consortium of Mexican Afores plan to commit about USD 1 billion each to the venture. CDPQ will hold a 51% interest, with Afores XXI Banorte, Sura, Banamex, Pensionissste and infrastructure fund Fonadin holding the rest.
Santander to market its first Lux funds to Chilean AFPs
September 30, 2015 by
Santander Asset Management has formally joined the ranks of international firms distributing to AFPs in the country, with the approval of a European Dividend and a Latin American Corporate Bond fund, said María Paz Hidalgo, CEO of Santander Asset Management Chile.
Matthews gains long-term stability as Mizuho Financial buys 16% stake in Asia specialist firm
September 30, 2015 by
"Mizuho’s investment will help ensure continued long-term stability of ownership while retaining our independence," said William Hackett, chief executive officer of Matthews Asia. Mizuho, headquartered in Tokyo, is Japan's second largest financial-services group, with assets in excess of USD 1.6 trillion.
Brazilian platforms add cross-border funds in wake of rule changes, difficult economy
September 30, 2015 by
Gustavo Pires, commercial manager at fund platform XP, estimated that, with new rules lowering the minimum investment on global funds, the potential audience for global feeder funds is likely to expand 50-fold in Brazil.
Nestle pension fund selects JPM, Allianz and Schroders for initial cross-border allocation
September 18, 2015 by
Alessandra Cardoso, investment manager of Nestle's pension fund, the Funepp, said the fund will be splitting 50-50 its equity portfolio between domestic and cross-border risk.
With backing of Azimut, Más Fondos is set to add a line of proprietary funds
September 18, 2015 by
Backed by the new mutual-fund regulations in Mexico, Mexican fund supermarket Más Fondos is primed to launch its own line of four proprietary funds. The conservative target is to end 2019 with just under US 1 billion in AUMs.
Volcom Capital to distribute Nikko and Ardian funds in Chile
September 18, 2015 by
"It's a nice challenge and I think I have learned from the best, which is Compass Group," said Felipe Larraín, ex-manager of Compass's institutional distribution business and now head of Chile's newest multi-brand distributor, Volcom Capital.
