Aberdeen CEO Martin Gilbert (photo) said the purchase "strengthens further our private-market capability by bringing additional Asian expertise and new US resources." The acquisition enhances its multi-manager coverage of hedge funds, property- and private-market allocations, infrastructure and pan-alternative products.
Matthews Asia closes Pacific Tiger fund to new investors
The fund, which has raised USD 700 million from Latin American institutional investors, has been closed to new investors in order to "preserve the composition of the fund’s portfolio and continue to manage the fund in a manner consistent with its investment objectives," Matthews said.
BlackRock outlines South American product and distribution strategy under new director
In a wide-ranging interview with Fund Pro Latin America, BlackRock's South American head, Javier García Riesco, described the firm's multi-pronged effort to broaden its product base and compete aggressively in all client segments.
Asset managers ask CVM to delay Instruction 555 for three months
The regulation, among other things, will give mass affluent investors - most of whom operate via onshore accounts - a selection of local funds providing regional diversification.
Fidelity survey: Portfolio management and international surge as top advisor concerns
"Advisors are trying to leverage multiple asset classes to strike a balance between risk and reward," said Scott E. Couto, president, Fidelity Financial Advisor Solutions.
Custody issues delay Afore Sura mandate with four global firms
The pension manager hopes to fund this mandate - with Pioneer Investments, BlackRock, Investec Asset Management and Morgan Stanley - this year and will probably send a Request for Proposal (RFP) for a second mandate as well.
Transamerica’s Mongeral Aegon unit sets up Brazilian feeder allocating to Neuberger Berman
Leonardo Camozzato (photo), a partner at Itajubá Investimentos, which is charged with distributing the fund, said that 15-20 Brazilian pension funds are looking seriously at the product.
Vontobel a believer in Mexico’s 100-year bonds
Mexico faces near-term challenges regarding oil revenues, but the longer-term growth story is solid, says Luc D’Hooge (photo), head of emerging-markets debt at the Swiss group.
UBS advisors in the Americas can now access Mercer’s global manager research and analytics
The relationship will provide the investment management research team within UBS Financial Services with access to Mercer's 9,000 manager-research opinions and performance analytics.
Victoire hires Fabio Melo to develop new business with institutional investors
Before landing at Victoire, Melo was responsible for the relationship with institutional investors at NEO Investimentos.









