In an interview with Latin Asset Management, José Ignacio Armedariz and Luis Palacio said they will be very active in the next two years offering Afores new alternatives to benefit the pension managers' international portfolios.
BlackRock: Stocks and corporate bonds have further to run in 2014
BlackRock Investment Institute’s 2014 Investment Outlook, “Squeezing Out More Juice,” considers key factors — such as the gradual exit from quantitative easing in the United States, tentative signs of a (weak) European recovery, Japan’s growth plan and China’s reform agenda — and their potential to create upside surprises or unforeseen downside risks.
Santander Chile accepts purchase offer for its asset management subsidiary
Grupo Santander announced the creation of a new holding company, composed of Santander, Warburg Pincus and General Atlantic. Under the terms of the agreement, Warburg Pincus and General Atlantic will jointly control 50% of the holding company. Banco Santander Chile will distribute the products of the fund manager for a period of 20 years.
BNY Mellon announces hiring of Koelle and Salomonde
Koelle replaced René Boettcher. Salomonde, meanwhile, replaced Zeca Oliveira, one of three executives under the microscope for supposed “irregularities” at the firm. Oliveira and two others were officially dismissed from the company in early December, allegedly in connection with the “irregularities” mentioned above.
Itau BBA hires Mexico CEO with plan to open broker-dealer
Banco Itau hired Alberto Mulas, Mexico’s first national housing commissioner, to lead the firm’s corporate and investment-banking expansion there.
CCR monthly approval report – November 2013
A rundown of the financial instruments approved, rejected and affirmed by the Comisión Clasificadora de Riesgo. Month of November 2013.
USD2 billion pension portfolio in Latam whets appetite of Itaú AGF
The local manager of the Brazilian group has just registered a mutual fund with the Risk Rating Commission and hopes to attract investments from pension funds.
Celfin joins Threadneedle and goes for another manager
The move consolidates their foreign manager platform which also includes Henderson, Aberdeen, Credit Suisse and Barings.
Credit Suisse names Pereira as Brazil CEO
Credit Suisse Group named José Olympio Pereira as chief executive of its Brazilian unit, overseeing investment banking, private banking and asset management divisions. He replaces Antonio Quintella.
Itaú will not be the only AGF with ETFs based on the IPSA or IGPA indexes
The exclusive agreement with the Santiago Stock Exchange relates to commercial use of the brands but does not limit their replication by other managers.





