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.
EuroAmerica is latest Chilean manager to list funds in Luxembourg
April 1, 2015 by
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.
