"Combining our business together with Bank of America assets and distribution puts us in a unique competitive position," said Tom Callahan, co-head of global cash management at BlackRock.
Columbia Threadneedle preps Andean distribution hub in Santiago
November 3, 2015 by
Columbia Threadneedle will have a proprietary distribution presence in Santiago, Chile in early 2016, according to Joseph Sweigart, senior institutional sales director for Latin America for the firm's institutional distribution business.
Pioneer’s Euroland Equity fund re-opens for new investment
November 2, 2015 by
According to Fund Pro Latin America, as of Sept. 30, Chilean pension fund managers (AFPs) and mutual fund managers (AGFs) had USD 15.2 million invested in fund, which is designed to build a high-conviction portfolio focusing on "superior investment ideas" within the Eurozone universe.
Highland Capital signs Andean distribution deal with Credicorp
October 23, 2015 by
The products of Highland, whose president is James Dondero, will provide AFPs and other institutions an alternative to high-yield funds, with a focus on senior bank loans in the US and floating-rate debt.
Scotia enlists BlackRock as subadvisor of global FX fund in Mexico
October 23, 2015 by
Ernesto Diez, CEO of Scotia Fondos, said the Canadian firm's strategy is to offer clients integrated solutions so they can adequately diversify their investments, either working with in-house managers or third parties.
AXA to build out a dedicated client-service structure in Mexico
October 22, 2015 by
Aymerich's new role will involve managing client on-boarding and reporting, implementing key regulatory policies and procedures, and building out a dedicated client-service structure in Mexico.
BofA Merrill: Managers increasingly doubtful of 2015 rate hike
October 22, 2015 by
“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.
