The proportion of global investors saying equity markets are overvalued has reached its highest level since 2000. A net 25 percent of respondents to the global survey say that global equities are currently overvalued, up from a net 23% in March and a net 8% in February. This is still, however, short of the record-high level of a net 42% in 1999.
BofA Merrill Lynch survey finds concerns of overvaluation in both equity and bond markets
April 17, 2015 by
KKR appoints Luis Téllez as senior advisor
April 17, 2015 by
Téllez is the former Chairman of the Board and CEO of the Mexican Stock Exchange, where served for the last five years. In this role, he presided over the largest number of IPO in the history of BMV and he oversaw a full upgrade of the technological capabilities of the exchange.
Van Eck sees technology driving big Industry changes
April 17, 2015 by
“We’re seeing a sea change not only in the way investment management services are being delivered to clients, but also in the way investors are sourcing and vetting investment ideas,” said Jan van Eck, CEO of Van Eck Global.
Banorte-Ixe: Open architecture a laudable but challenging goal
April 17, 2015 by
"The principle that anyone can distribute any fund is laudable," but there must also be clear ground rules, a communication platform between fund managers and distributors, and and effort to improve financial literacy of clients, says Alejandro Aguilar Ceballos, CEO of Operadora de Fondos Banorte-Ixe.
Afore Banamex disburses USD 820 million to three global firms
April 9, 2015 by
With the latest disbursement, Banamex has announced mandates of USD 3.2 billion, of which it has already allocated USD 2.1 billion, according to figures maintained by Latin Asset Management.
Banco do Brasil selects four European experts for new range of global feeders
April 9, 2015 by
Carlos Takahashi, CEO of BB DTVM, said the Brazilian asset management giant plans to offer the products to a cross-section of domestic investors, from pensions to individuals, thanks to recent rule changes in the domestic market.
Paulo Sampaio named head of Latin America-Southern Cone for S&P DJI
April 9, 2015 by
Mr. Sampaio will be based out of S&P DJI’s newly opened office in Sao Paolo, Brazil.
Two sides to open architecture debate in Mexico: those who want it and those who don’t
April 9, 2015 by
The director of Allianz Fondika said the financial reform will be a watershed in the history of Mexico, since it will "crack open the oligopolistic control of the market" and allow for additional providers and better products to compete.
Foreign investors in Chilean funds get favorable tax treatment
April 9, 2015 by
Thanks to the recently-enacted Unified Fund Law (LUF), foreigners investing in Chilean-domiciled funds will be subject to a maximum 10% tax ceiling, even if direct investment in underlying assets is subject to a higher tax rates, says Luis Alberto Letelier, a legal advisor to the Chilean Association of Investment Fund Managers (ACAFI).
AFP Protección: Informal economy and dueling systems complicate Colombian pension market
April 1, 2015 by
In a wide-ranging interview with Fund Pro Latin America, Mauricio Toro, president of AFP Protección, also commented on the firm's continued preference for ETFs over actively managed cross-border funds.
