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
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
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
"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
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
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.
Funcesp seeks to hire global managers as overseas bets almost triple
International investments provided the pension fund’s best returns last year, at 15.4%, said chief investment officer Jorge Simino. Funcesp could potentially invest up to USD 900 million in cross-border vehicles, according to local regulation.
BlackRock expands institutional team in Brazil with new hire
Oliveira was previously part of the investment team of Towers Watson and also the funds of funds area of Banco Alpha de Investimentos. In addition, the executive served on the portfolio management team of Tendência Wealth Management.
AFP Protección: formalización del trabajo es un gran desafío
En el plano de las inversiones, debería seguir ampliándose la preferencia por ETFs sobre fondos activos.
HMC Itajubá to lead Bradesco’s Lux-fund distribution in Latin American markets
Bradesco's objective for Latin America is to use HMC Itajubá for distribution of the funds in almost all countries. said Luiz Osório Leão Filho, international business development manager at BRAM.










