Spain's No.2 bank BBVA may sell its Latin American pension fund businesses, joining the ranks of banks looking to shed operations outside their main markets to reduce risks and meet tougher capital rules.
BBVA Bancomer and Pioneer Investment join forces in Nasdaq equity fund
July 11, 2013 by
Pioneer will advise BBVA Bancomer on managing the BBVANDQ fund, targeted at clients of investment and private banking, whose objective is to generate differential returns on the benchmark index through active management.
Transfers begin to affect pension funds’ portfolio strategy
July 11, 2013 by
AFPs could be looking for more liquid instruments to deal with mass changes, such as happened in April at the suggestion of a pension consultant.
Santander sells 50% of fund unit to Warburg, General Atlantic
May 31, 2013 by
The business was valued at about EUR2 billion, or nearly USD2.7 billion.
Idea of raising the pension contribution percentage gains ground
May 27, 2013 by
A state AFP is one of the proposals with most impact on presidential candidates, but would not have the support of the technical people.
Afore Sura mandate is for global equity
May 20, 2013 by
Emilio Bertrán, director of portfolios and mandate development manager, expects the mandate for a total of USD700 million to be funded in six or seven months.
Former Tanner manager Claudio González opens family office
May 13, 2013 by
González created GH Capital Invest with a target of reaching USD20 million AUM in six months of operations with private clients and companies.
Axel Christensen named Chief Investment Strategist for BlackRock in Latin America and Iberia
April 30, 2013 by
He will provide asset allocation advice and customized BlackRock model portfolios to better meet the needs of clients throughout the region.
BBVA Bancomer and Franklin Templeton join forces in an emerging equity fund
April 26, 2013 by
The product is for clients in private asset management, operated by BBVA Bancomer. Franklin Templeton will act as advisor on portfolio management. The target is to reach USD100 million in assets.
BBVA sells peruvian pension unit
April 24, 2013 by
The bank is selling for USD516 million its pension unit in Peru to two separate pension firms, one controlled by Colombian financial conglomerate Grupo Sura and the other by Canada's Bank of Nova Scotia.
