Roberto Salas (photo) told Fund Pro Latin America that distributing global brands to local AFPs is an additional way of generating value, and complements the development of in-house asset management capabilities.
Falcom, newest distributor to AFPs with Oddo offering, seeks other niche vehicles
September 2, 2014 by
Aberdeen names business-development head to attack Latam wealth segment
September 2, 2014 by
Aberdeen has tapped Luxembourg-based Menno de Vreeze to oversee its New-York and South-Florida-based offshore wholesaling teams.
Mercer, seeking to boost regional growth, appoints Latam leader
September 2, 2014 by
Eduardo Ragasol, who will be based in Brazil, was previously the president and general manager in Brazil for Nielsen, the global information and measurement company.
Deutsche names Andrés de Goyeneche chief country officer of Chilean bank
September 2, 2014 by
The executive will continue to be based in Santiago and report to Bernardo Parnes, CEO of Deutsche Bank Latin America, and Alberto Ardura, head of capital markets and treasury solutions, Latin America.
Market experts predict shift to alternative funds as traditional yields shrink
August 26, 2014 by
Pressure on AFPs to deliver decent-sized pensions will lead to greater investment in this category, especially considering the narrow yields of regional fixed-income and the volatility of global equity markets.
Credicorp launches MILA funds across asset classes
August 26, 2014 by
Credicorp is launching Cayman- and Luxembourg-domiciled funds in the equity and debt markets. The Condor Equity Fund invest exclusively in MILA, while the Latin American Corporate Debt Fund seeks to invest 40 to 60 percent in MILA and the remainder in Mexico and Brazil primarily. Meanwhile, it is in the fundraising period for its Peru Real Estate Fund and its Colombian Real Estate Construction Fund, which offer investors access to MILA’s developing real estate sector.
Partners Group plants flag in Houston to focus on private energy plays in US and Latam
August 26, 2014 by
The firm said the opening underscores its interest in the US energy sector and shows that it remains positive on Latin America, "despite recent negative investor sentiment surrounding emerging markets."
SLV pricing source changes following suspension of London Silver Fix
August 23, 2014 by
The pricing source of the iShares Silver Trust (SLV), which aims to replicate the performance of the price of silver, was changed Aug. 15 to the “London Silver Price,” and will be administered by CME Group Inc. and Thomson Reuters. The ETF is popular among Latin institutions.
Peru’s AFPs can now invest up to 20% in alternatives
August 15, 2014 by
AFPs can now invest up to 15% of their type 2 moderate portfolios and 20% of their type 3 aggressive portfolios in alternatives, without weighing against the overall equity limit. The previous limit was a scant 3%, and was being fully utilized.
Fitch assigns Bci Asset Management highest standards rating
August 15, 2014 by
The rating reflects Fitch's view that the company's investment platform and operating framework are superior relative to the standards applied by global institutional investors.
