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.
Santander Mexico seeks to profit from investor focus on value-added offerings
Santander Asset Management believes that new mutual fund regulations being drawn up in Mexico will help convert what is now a commodity-based industry to one that rewards managers and distributors that add value.
Vision Advisors notches first AFP allocation for Old Mutual affiliate Rogge
Vision has been active beyond the pension distribution business, having set up a fund management operation, forming new alliances and launching niche products aimed at the HNW segment.
Pioneer adds Trilli to US-based offshore distribution team
Michelle Trilli will be responsible for managing the sales and distribution activity of the international business in the Northeast region of the US.
Deutsche adds star ex-JP Morgan private banker to Miami UHNW team
Deutsche AWM announced that Oti Roberts joined the private bank as a managing director and senior private banker, along with senior investment advisor, Freddy Menjivar, and associate banker, Scott Shuffield.
Compass Group relaunches fund management operation, unveils USD 1.4 billion fund lineup
Jaime Martí, partner and country head-Chile at Compass Group, said the manager had recently finished adapting all of its investment vehicles to the new guidelines established by the Unified Fund Law (LUF).
Capital Strategies gathers USD 1 billion in Latam for boutique global managers
From its office in Lima, the firm distributes the funds of several boutique fund managers, mostly to institutional investors, family offices and wealth managers in Chile, Peru and Colombia, said Nicolás Lasarte, director of Capital Strategies Latam.










