With the new addition of Adrien Grynblat, PineBridge hopes to develop its presence in the region, in the distribution of mutual funds and alternative investments.
S&P Dow Jones to assume control of all Mexican Stock Exchange indices
July 25, 2014 by
S&P DJI will assume the marketing and commercial licensing of the BMV indices with the intent to jointly create new indices with the BMV. All current BMV indices will be co-branded S&P.
XXI Banorte faces challenge managing Mexico’s largest institutional portfolio
July 24, 2014 by
Mexico's largest pension manager says it will use its entire 20% international allocation to gain exposure to foreign equities, in part via ETFs and in part via mandates.
Sura: Afores need to expand foreign investments
July 24, 2014 by
Enrique Solórzano (photo), head of investments at Afore Sura, said that the Siefores representing younger people should adopt the investment models of countries such as Chile and Peru, which allow a higher rate of investment in equity than in bonds, as a means of increasing returns.
Sweigart tapped to lead Threadneedle’s and Columbia’s institutional expansion in Latin America
July 16, 2014 by
Joseph Sweigart (photo), who comandeered JP Morgan Asset Management's successful incursion into Latin America in the 2000s, has been named senior institutional sales director of Columbia Mananagement and Threadneedle Investments, which are both units of US-based Ameriprise Financial.
Consar expects pension managers to follow Afore Banamex’s model on mandates
July 16, 2014 by
In an interview with Fund Pro Latin America, Carlos Ramirez Fuentes (photo), president of the Consar, said that "Increases in both the contribution rate and the foreign investment limit are important changes to be discussed," adding, "we are concentrating a lot of risk in one basket by leaving 80% of savings in a single country."
First XXI Banorte mandate to be funded in November; more to follow
July 16, 2014 by
Mexico's largest pension fund has a short list of four managers ready for a second mandate, this time in commodities. In this article, CIO Ignacio Saldaña (photo) reveals how many more mandates the firm has lined up, as well as the percentage of total AUM it plans to allocate to global managers.
Franklin Templeton soft-closes EUR 3 billion European Growth fund
July 16, 2014 by
The firm said it was taking a prudent step to slow the growth of assets in this strategy, to "protect the integrity of our investment approach and our ability to add value for our shareholders."
db X-trackers Harvest CSI 300 China A-Shares recieves approval from CCR
July 16, 2014 by
Chilean AFPs can gain direct equity exposure to the China A-shares market via this vehicle, the first direct investment in China A-shares to be registered in Chile and listed on the New York Stock Exchange, trading in local time.
BTG Pactual buys Generali’s Swiss-banking unit for USD 1.7 billion
July 16, 2014 by
With the BSI acquisition, BTG Pactual takes control of the Chilean private-pension administrator AFP Planvital, which up to now had been controlled by BSI.
