In theory, investment in certain strategic state enterprises could get priority, along with support for the country’s monetary policies. Fund Pro Latin America investigates the range of possibilities.
Aberdeen appoints Americas co-heads
June 27, 2014 by
With the Scottish Widows acquisition behind it, Aberdeen has restaffed the command structure for Latin America. Aberdeen alum Bev Hendry has returned to the company, and Andrew Smith has been promoted. Both will work from the Philadelphia offices of Aberdeen.
Pension managers may be showing renewed interest in active funds
June 27, 2014 by
Even though Peruvian pension managers' positions in ETFs continue to increase, distributors detect an opening to other portfolio management models.
Más Fondos sold to Italian financial advisory
June 27, 2014 by
Más Fondos distributes third-party funds and had asset under custody equal to USD 547 million as of May 2014. Through the partnership, Azimut and Más Fondos will develop an integrated platform centered on a proprietary financial-advisor network.
Santander sells off half of its Latin custody business
June 20, 2014 by
A group led by Warburg Pincus that includes the Singaporean Temasek will acquire a 50% stake in Santander’s custody business in Spain, Mexico and Brazil. The transaction is expected to close in the fourth quarter of 2014.
Madero: Subadvisory agreement with LyonRoss gives small investors access to alternative strategies
June 20, 2014 by
Alonso Madero (photo), director of Actinver Investment, acknowledges "the need to bring innovative products" to the firm's platform, as a way of competing with bank-owned managers and offering clients higher returns with excessive equity exposure.
Compass Group designates new institutional client director in Mexico
June 20, 2014 by
Ivan Ramil took over in June as director of institutional clients of Compass Group Mexico, replacing Luis Palacio, who moved to BNP. Ramil has spent the last three years as director of international strategy for the same company.
MSCI launches suite of factor indexes for Latin America
June 18, 2014 by
MSCI launched the new factor indexes to meet increased demand for indexes generally in Latin America, and also to address the global trend toward factor investing, said Diana Tidd (photo), managing director.
Brandes switches benchmarks to MSCI
June 18, 2014 by
Brandes has selected the MSCI Wold Mid Cap Index and the MSCI EAFE Mid Cap Index as benchmarks for the Brandes International Mid Cap Equity strategy and the Brandes Global Mid Cap Equity strategy.
With Europe back in vogue, Eurizon takes aim at AFP market
June 17, 2014 by
The group has registered three new funds with the CCR in Chile which will also be offered in Peru and Colombia.
