Zarauza joins the firm, which has raised close to USD 1 billion in Chile for global managers, after a successful period with JP Morgan Funds.
Henderson places wholesaler in Uruguay
June 6, 2014 by
Henderson said that John Philip Davies will be based in Montevideo to work with leading private banks and wealth managers, as part of the firm's effort to better serve clients and intermediaries.
Invesco hard-closes Japan star’s blockbuster fund
June 6, 2014 by
The fund, popular with Latin pension managers, returned 67.4% over the three years ending April 2014, vs. an average peer-group return of 41.9% in Japanese yen terms.
Through advisory relationships, BBVA brings “the whole world” to its fund portfolio
June 6, 2014 by
"We are looking for a couple of big players – advisors – to supplement our [global] portfolio, because the key concept in our private banking is open architecture," Javier Diez Jenkins, director of wealth management and private banking at BBVA, told Fund Pro Latin America.
Joel Peña jumps from PIMCO to Robeco
June 6, 2014 by
Peña assumes as managing director for Latin America and US Offshore, with the mandate to position Robeco among the top asset managers in the Latin America market.
Actinver launches new multi-asset fund advised by NY-based alternatives shop
June 6, 2014 by
The Dinamo fund is characterized by investing in multiple asset classes (bonds, equities, commodities, real estate, etc.) and focuses on investors looking for the delicate balance between high returns and good strategies to protect capital in times of high volatility.
Invex launches fund that will follow BlackRock recommendations
June 6, 2014 by
The Mexican bank is aiming to add global flavor to its product platform for Mexican clients. The locally domiciled INVEXTK fund will follow recommendations from an active-strategy BlackRock model portfolio, composed of iShares ETFs, with tactical rebalancing performed monthly.
CCR Monthly Approval Report – May 2014
June 3, 2014 by
Twenty-one mutual funds and three ETFs were added in May to the list of approved instruments to receive investments from AFPs. Vanguard and Invesco led with six mutual funds each, followed by Allianz (3), Epsilon (3), DBX (3) Edmond de Rothschild (1), GAM (1) and PIMCO (1).
Banamex: Subadvisory arrangements with global firms proving attractive to fund clients
June 2, 2014 by
Banamex has launched three subadvised funds since last year. The Asian fund is advised by BlackRock, the US fund by Franklin Templeton, and the European fund by BNP Paribas. The managers only give advice, while investment decisions are taken by Banamex and its team.
Panel recommendation on AFP benchmarks could force additional offshore allocations
June 2, 2014 by
A committee of experts is set to opine on how to set minimum-return benchmarks, and also weigh in on the government's proposal to stimulate the outflow of dollars by encouraging additional cross-border exposure on the part of the AFPs.
