"UBS has a strong and long-standing track record in sustainable investing, an area which will only continue to grow in importance," said Marilyn Foglia, head of Latin America for UBS GAM.
Banco do Brasil, UBS target local pensions in launch of cross-border sustainable fund
Latest global fund launches in Brazil involve Aberdeen, Nordea and Deutsche
The launches are aimed primarily at pension funds in the case of Aberdeen and Nordea, who have teamed with Banco do Brasil, while Deutsche has set its sights on both the institutional and wealth-management segments, according to the firm's Victor Arakaki.
El Dorado aims for larger role in Andean fund-distribution business
This service is being launched precisely at a time when the Peruvian pension fund investment regime has undergone important changes, including elimination of "approved lists" of the SBS, creation of sub-limits for investments in private equity, and validation of mutual funds that use derivatives for hedging.
Consar, Afores and global managers discuss speeding up the mandate process
Consar President Carlos Ramírez has met recently with the teams of Afore Banamex and two global managers with which the pension manager has funded mandates, Schroders and BlackRock.
A second AFP may join Habitat in directly transacting with global firms
A second Chilean AFP could join Habitat in the practice of not putting their transactions through local distributors, but sending them directly to the central offices of foreign managers, Fund Pro Latin America has learned.
Managers welcome easing of Peruvian AFP investment rules
A new SBS resoultion makes it easier for Peruvian AFPs to allocate to UCITs and other funds that use derivatives for non-hedging purposes and to ETFs based on synthetic indices.
Funcesp boosts allocations to global funds
The plan is to place a BRL 50 million ticket (USD 16.1 million), divided into the three equity funds managed by three separate managers. The pension fund plans on adding three additional managers by the end of the year, reaching five or six in total, says chief investment officer Jorge Simino.
Net new investments in May brighten prospects for the year
Brazilian mutual funds recorded net new investments (NNI) of BRL 9.5 billion, contributing to year-to-date NNI of BRL 22.2 billion through May 2015, vs. redemptions of BRL 8.6 billon in the year-earlier period.
CNBV works with AMIB to roll out fund platforms
The CNBV's Eduardo Flores Herrera, who is responsible for supervising the creation of an open architecture framework and the financial institutions involved, said the new system would be up and running by December 2016.
Confirmed: New fund rules for Brazil delayed through October
the Anbima, which believes that the industry needs more time to adapt to the rules, which facilitate global investing, in order to create systems to control which clients can access certain types of funds.









