The big challenge given to BICE's institutional distribution area, headed by Carles Gaju, who took over a few months ago, is to raise the profile of the global managers it currently represents.
Legg Mason to sub-advise three local funds of Mexican sponsor Actinver
July 3, 2019 by
"We see substantial growth potential in Mexico," said Lars Jensen, Legg Mason's Head of Americas International.
Colombian AFPs shifting ETF exposure to UCITS
July 3, 2019 by
BlackRock's Diego Mora confirmed that the AFPs are moving to these vehicles because of their tax efficiency and a host of other characteristics.
Colombian AFPs go yet longer on emerging-markets equities
June 13, 2019 by
The AFPs finished April with USD 17.8 billion invested in cross-border funds and ETFs, almost all of which was in equities, after having yanked USD 597 million in the first quarter.
Younger Colombian AFP affiliates move into more age-appropriate investment vehicles, spurring equity demand
June 13, 2019 by
BlackRock's Diego Mora viewed the government's rule change with optimism, noting that AFP demand for internationally diversified products like ETFs will increase.
BTG Pactual smooths glide path for global firms’ arrival in Brazil
June 13, 2019 by
"We want to bring the entire line of Robeco funds [to Brazil], with exclusive distribution of BTG Pactual," said Robeco's Jimmy Ly at a recent investor conference in Sao Paulo.
Mutual fund flows in Brazil slowed to USD 23 billion in 2018
February 28, 2019 by
After a record-shattering year in 2017, inflows into Brazilian mutual funds slowed considerably, a reflection of reduced yields on bond products and uncertainty over presidential elections. Equity and mixed funds did enjoy inflows nonetheless.
Natixis: Equities accounted for 2/3 of 2018 losses after driving 2017 gains
February 27, 2019 by
Moderate-risk portfolios that saw double-digit gains aided by overweight allocations to equities in 2017 suffered grave losses in 2018 due to overexposure to the same asset class, said Natixis's Marina Gross.
Singular signs distribution alliance with local brokerage Fynsa
February 27, 2019 by
Chilean brokerage firm Fynsa has signed on to sell locally-domiciled ETFs created by Singular, a new asset manager made up of ex-Inversiones Security executives.
Finally! Mexican Afores can now invest in active mutual funds
February 27, 2019 by
Long-awaited rules published by the Consar risk committee showed a bias to large managers (USD 50 billion minimum AUM) and stringent fee caps on active funds (65 bps maximum for equity funds).
