Pablo Jaque (photo), CIO of Inversiones Security, confirmed the move to Fund Pro Latin America. Chilean managers are launching products in Luxembourg to give them more visibility and the capacity to quickly capture investment from around the world, without having to create separate vehicles for their clients in Peru, Colombia, and Chile.
EDM prepares for landing in Latin America
July 11, 2014 by
Eusebio Díaz-Morera (pictured), said EDM's presence in Chile is closely linked with Larrain Vial Asset Management, which has contracted EDM for subadvisory of its Chilean-domiciled European mutual fund, whose portfolio is mirror of an EDM Sicav fund.
Brazil’s XP Securities opens office in Miami
July 11, 2014 by
XP Securities has opened a Miami branch at 701 Brickell Ave. with about 15 employees relocated from its New York office. It plans to employ 100 people in Miami in about a year, a news release said.
Chief economist at Chilean Central Bank jumps to BTG Pactual
July 11, 2014 by
The former director of research and chief economist at the Central Bank of Chile will oversee the Andean region for the Brazilian-based firm.
Garcia Lagos replaces Guida as CEO of Itaú Chile AGF
July 11, 2014 by
Until now he was serving as chief investment officer at Corpbanca. Guida was been named head of wholesale products at Itaú Asset Management and has returned to Brazil.
Colombian Pension Funds: international exposure impacted by reaching of equity ceiling
July 2, 2014 by
Appetite for cross-border investments of Colombian Pension Funds got frozen in April. With a stronger Peso plus the equity-investment limit of the multifondo Moderado virtually reached, cross-border fund activity was brought to nearly a standstill.
Pioneer poised to benefit from open architecture in Mexico
July 2, 2014 by
Increasingly there is an offer of diversification and specialization in investments in Mexico and that is where Pioneer is finding its place, says Gustavo Lozano (photo), country manager in Mexico.
CCR Monthly Approval Report – June 2014
July 2, 2014 by
Barings, through its local distributor BTG Pactual, led with seven funds listed in June. Dimensional Fund Advisors and BNY Mellon also had a multiple of funds approved for the month.
Nestle pension plan hires ex-Towers exec Cardoso
July 2, 2014 by
Alessandra Cardoso (pictured), a former Towers Watson executive, will occupy the new position of investment manager in the entity running two funds with a combined USD 650 million in assets under management.
Colombian unit of Old Mutual builds out its local business
July 2, 2014 by
The president of Old Mutual in Colombia, Daniel Cortés McAllister (photo), said the firm is intent on growing the mutual-fund and life-insurance businesses, and is also adding brokerage and real estate to its product portfolio.
