The executive had been serving as head of offshore sales in Miami. Meanwhile, Schroders also promoted Pablo Albina to a top regional investment role.
CCR Monthly Approval Report – July 2019
A total of 28 products were added in the month from nine different asset managers: Amundi, Barings, BlueBay, Cathay, Fidelity, Janus Henderson, Principal, IK Investment Partners, Singuler Guff.
AFPs plunge back into emerging-markets debt, Asian equity
The AFPs finished the month with USD 84.3 billion invested in cross-border funds and ETFs, 70% of which was in equities.
Global managers gain access to Latam markets via new Santander FOF launches
The Spanish firm is launching UCITS FoFs with Amundi, Morgan Stanley, Robeco, JPMorgan and PIMCO. The products will be distributed in Latin America either directly or via locally domiciled feeders.
Colombian AFPs post broad retreat from global equities
Colombian AFPs pulled away from cross-border funds and ETFs in May, yanking USD 1.2 billion mostly from equity funds as global markets reeled amid trade tensions.
Natixis survey finds “disconnect” between investors’ return expectations and tolerance for risk
“Last year’s market volatility was a strong reminder of the importance of professional advice in helping to build diversified portfolios," said David Giunta, CEO for the US and Canada at Natixis Investment Managers.
Chilean labor-committee amendment would force AFPs to eat cross-border-fund fees
AFPs and cross-border managers are clinging to hopes that the amendment will be expunged or reversed before the final pension-reform bill goes to a vote in the Congress.
Real-estate manager Asset AGF targets USD 500 million AUM via residential rental fund
This pioneer in the residential rental market, led by Felipe Swett, now finds itself in competition with other firms, such as Ameris, BTG Pactual, Credicorp Capital and Compass Group.
Investment abroad remains a seemingly distant aspiration for Brazilian pensions
Jorge Simino, investment director at Funcesp, says that pension funds are still cautious about investing abroad.
Life insurers in legal battle to prevent client profits from being taxed
The Court of Appeals is analyzing the case. A decision against insurers could discourage people from using life insurance vehicles for savings, and push more clients to mutual funds.







