“More and more, we’re seeing today’s hedge fund assets concentrated among the largest managers," said Barry Bausano, co-head of global prime finance at Deutsche Bank.
Sura sees many pluses in open-architecture scheme in Mexico
March 11, 2015 by
If an open-architecture scheme is implemented industry-wide, the winners of this opening will be the end clients, intermediaries and the fund industry itself, Luis Ortiz, director of Investment Management at Sura Mexico, told Fund Pro Latin America.
Fidelity asks: Are today’s emerging affluent investors millionaires in the making?
March 11, 2015 by
Fidelity Investments released results of its 7th Millionaire Outlook, which shows that emerging affluent investors are well positioned to attain – or even exceed – millionaire status. Most importantly, while these investors look very different than today’s millionaires, with more than two-thirds female and one-quarter non-white, they demonstrate many similar attitudes and behaviors.
Franklin Templeton hires Brazilian fixed income chief
March 11, 2015 by
Rodrigo Borges will serve as Franklin's head of Brazilian fixed income within its regional subsidiary and assume a lead role in managing the Luxembourg-domiciled Franklin Brazil Opportunities Fund.
Ramirez warns of dire consequences to pension system if reforms are delayed
March 11, 2015 by
"The more we delay the fundamental reforms required by this system, the possibility of accumulating sufficient resources for the new generation of Mexicans will be reduced," warned Carlos Ramírez, president of the Consar, at a recent gathering of industry professionals.
Despite Brazil’s malaise, Mobius sees medium-term recovery
March 11, 2015 by
Longtime emerging markets investor Mark Mobius says this may be time to buy Brazilian stocks, given their low prices and the likelihood of Brazil’s economy improving over the medium term.
CCR takes no action on HSBC funds in recent meeting
March 3, 2015 by
The CCR generally takes into consideration the potential for heightened "reputational risk" of an approved fund sponsor, which could impact system returns or negatively influence Chileans' perceptions of the pension system itself.
Principal Financial anxious to see Mexican market copy its open architecture model
March 3, 2015 by
Humberto Romero Lois, CEO of Principal Investment Funds in Mexico, told Fund Pro Latin America that the results of negotiations on an open-architecture framework between the regulator and the industry association will be made public in coming months.
BNP Paribas Securities Services appoints head of Brazil
March 3, 2015 by
Andrea Cattaneo joined BNP Paribas Securities Services in 2004, becoming global head of solutions for asset managers in 2011.
CCR Monthly Approval Report – February 2015
March 2, 2015 by
A total of 14 products were added in February to the list of approved instruments to receive investments from Chilean Pension Managers (AFPs). Schroders led with eight mutual funds, all of them equity products, followed by PIMCO with two mutual funds and First Trust with two ETFs. Eastspring and Fidelity completed the list each with one approval mutual fund.
