The Heyman team will provide investment management services through Franklin Templeton Servicios de Asesoría Mexico, a new institutional investment management subsidiary, of which Timothy Heyman will become CEO.
Bank of America puts non-US wealth arm up for sale
April 13, 2012 by
The deal could bring in up to USD3 billion or more than 3% of assets under management.
Previ plans BRL 300 million to invest in shares of foreign companies
April 17, 2013 by
Rene Sanda, Chief Investment Officer, of Brazil's biggest pension, said the decision followed conversations with other other major pension funds, which agreed on the need to invest abroad.
Industry looks for increased liquidity for closed-end investment funds
April 10, 2013 by
The new legislation should include authorization to repurchase up to 10% of their own shares annually, Enrique Ovalle, general secretary of Acafi, says.
Baer seen close to buying Merrill’s non-U.S. wealth units
August 13, 2013 by
One source said that Baer could pay up to USD2 billion for the unit, which manages some USD90 billion for clients in Europe, Latin America, the Middle East and Asia.
State Street buys GSAS
July 18, 2013 by
State Street, said that it has agreed to pay USD550 million to buy Goldman Sachs Administration Services as it looks to become the leading global administrator of hedge funds.
Sura to distribute 66 BlackRock funds to non-institutional clients
April 10, 2013 by
The partnership will strengthen its open architecture model for fund sales. The U.S. firm is also pinning its hopes on potential growth in the retail segment.
Bice Inversiones launches international fund with tax break
April 5, 2013 by
The Bice EE.UU mutual fund will trade on the stock exchange giving participants tax-free gains.
CNBV plans to facilitate creation of investment funds
April 4, 2013 by
Andrés Rodríguez, deputy director general of the Investment Management Department of the CNBV, said the corporate structure under which an investment fund is set up could be adapted.
Consar: flexibility is key to achieving the objective of better pensions
April 4, 2013 by
Sergio Rodríguez, director general of Financial Planning and Economic Studies of the regulator, says his agency is planning to extend the 20% limit on foreign securities, and that flexibility is the key to long-term thinking on the system.
