Local Chilean fund manager of EuroAmerica has decided to register a High Yield Latam and Small Cap Latam fund in Luxembourg, according to group CEO Henry Comber.
A second ex-Sura CIO lands at HMC Itajubá
April 1, 2015 by
Mogrovejo is the second former CIO of a regional Sura-owned pension fund to join HMC Itajubá in the last 24 months. The first was Daniel Dancourt, previously CIO of Integra in Peru. Together, they managed approximately USD 50 billion in Sura pension AUM.
Banorte-Ixe taps global firms to lead expansion of international fund line
April 1, 2015 by
Banorte-IXE is partnering with Blackrock, Franklin Templeton and BNP to further its goal of boosting the share of its international lineup to 5% of total AUM.
Fitch affirms Sura Asset Management at BBB+
April 1, 2015 by
SUAM's ratings reflect its strong credit profile based on its leading regional franchise, consistent performance, strong operating environment, diversified, stable earnings, sound leverage and debt service ratios, ample expertise and sound risk management, said Fitch.
CCR Monthly Approval Report – March 2015
March 31, 2015 by
While Vanguard led with six ETFs registered in the month, all of them UCITs products, BlackRock and Morgan Stanley each won approval for three of their mutual funds.
Western Asset readies global funds for local launch in Brazil
March 26, 2015 by
Brazilian-based Western Asset is planning to launch funds with strategies in global fixed income in early July, when CVM Instruction 555 comes into force. The instruction brought major changes to investment funds, including making it easier to create and distribute funds of cross-border funds.
Franklin Templeton’s ex-country head Heitor de Souza Lima leaves firm
March 26, 2015 by
With the arrival of longtime US-based Templeton sales executive Marcus Vinicius Gonçalves in 2013, Lima went from country manager to sales manager, with responsibilities for the retail distribution area.
AGF Security relaunches Portafolio family using volatility-based risk profiles
March 26, 2015 by
"We took two years to perfect this new methodology, and we are very happy with the results," said investment manager Pablo Jaque. "We are really very motivated with this internal development."
First Trust wins approval to sell AlphaDEX ETFs in Chilean market
March 26, 2015 by
The CCR's action has enabled First Trust to "further expand the footprint of our merit-based AlphaDEX ETFs into a new institutional market," said Dan Lindquist, managing director of First Trust.
A MILA fund platform? Chilean execs don’t see it working
March 26, 2015 by
Initiative of the Mutual Fund Association seems like more of a political announcement than a project with a real future, sources told Fund Pro Latin America.
