The November 2020 numbers disappointed but did not mar a decent year, during which local funds had raised USD 23 billion.
Investors pull USD 4 billion from Brazilian funds amid lackluster returns and yields
January 11, 2021 by
Wells to exit international wealth business before end of 2021
January 8, 2021 by
The decision to leave markets in Asia and Latin America reflects regulatory and other constraints facing Wells in the wake of its fake account scandals that have cost it billions of dollars.
Felices y Forrados in the spotlight as Chilean regulators aim to limit transfers
January 6, 2021 by
A government proposal would limit movements between non-adjacent multifunds, while Congress will also examine the role of unregulated advisors.
CCR Monthly Approval Report – December 2020
January 5, 2021 by
Columbia Threadneedle led the list of registered products with 14 mutual funds, followed by Samsung with four ETFs, and Aviva, Credit Suisse and Altis each with one product approved of their own.
Colombian AFPs add to EM bonds, North American equities in October
December 23, 2020 by
Cross-border funds and ETFs finished the month with USD 22.2 billion in Colombian pension assets under management.
Added flows, tighter fees will pressure Afores to diversify their portfolios
December 22, 2020 by
The industry was not pleased with the placement of stringent caps on fees they can pass on to affiliates, but cheered plans to boost payroll contributions substantially.
BlackRock makes new push into tepid Brazil ETF market
December 22, 2020 by
The firm will offer iShares through Brazilian depositary receipts, or BDRs, listed on the B3 exchange.
LarrainVial beefs up US Offshore operation
December 22, 2020 by
The hiring of a veteran Miami-based executive will strengthen the offerings of Aegon, Brown Advisory and Pinebridge Investments in the offshore wealth segment.
AFPs: Wave of reforms sweeps Chile and Peru
December 22, 2020 by
Along with approving the withdrawal of funds to fend off economic hardships caused by the pandemic, deep reforms are being discussed in both countries.
Franklin Templeton rides wave of new-client growth in Mexico
December 21, 2020 by
FT's Hugo Petricioli said clients turned to mutual funds in 2020 in search of exchange-rate protection and higher returns via international equities.
