Third-party distributor Unicorn SP looks to add fourth manager before 2020

Unicorn currently works with Vontobel for US Offshore and Latam intermediary clients, BNY Mellon for US Offshore and Muzinich in Latin American retail and institutional markets, said David Ayastuy, founder,

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Becon lands distribution deal with EFG’s New Capital fund range

New Capital is the mutual fund arm of EFG Asset Management, a global investment manager with both a Dublin and Luxembourg range of funds.

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Excel Capital plans to launch four funds in the next six months

Although distribution of foreign firms is their core business, they are also strengthening their AGF.

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Chilean AFPs return to Asian, Latin American equity funds in September

Chilean AFPs finished September with USD 78.9 billion invested in cross-border funds and ETFs, 69% of which was in equities.

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Bank of America adds 40 model portfolios to Merrill Lynch Investment advisory program

New investment-manager model portfolios offer clients more choice and flexibility, with guidance from the company’s chief investment office.

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Sinking interest rates boost allocations to riskier Brazilian fund classes

The Balanced-Mixed class drew USD 2.4 billion of new flows in the month, raising BRL 14 billion between January and September, the largest amount among fund classes.

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Colombian AFP association adds voice to coming 2020 reform package

Jorge Llano Salamanca of private pension association Asofondos, argues that Colombia is hampered by problems in the public pension sector, which he views as unsustainable.

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CCR Monthly Approval Report – August 2019

A total of 13 products were added in the month from ninedifferent asset managers: Fisch AM, Lord Abbet, Aktia, Pictet, PIMCO, Robeco, JP Morgan, Lindsay Goldberg and Manulife.

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Brazilian mutual funds raised BRL 8.8 billion in October 2019

With net inflows of BRL6.5 billion in October, the Balanced/Mixed class shows inflow of BRL62.7 billion year to date, the best result in the industry.

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Franklin Templeton sees extended demand for fixed-income vehicles in Mexico

After a lengthy process, the firm received approval from regulators to launch a new debt product at a time of increased appetite for Mexican fixed income.

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