Carlos Brussa has joined the sales team of JP Morgan Asset Management, and will be charged with distributing the manager's UCITS mutual funds and ETFs to wealth management intermediaries, Fund Pro Latin America has confirmed.
JP Morgan AM expands ETF offering for local Mexican investors
JPM's Juan Pablo Medina-Mora says the BetaBuilders US equity ETF offers local investors and asset allocators more efficient access to the US market.
Legg Mason to sub-advise three local funds of Mexican sponsor Actinver
"We see substantial growth potential in Mexico," said Lars Jensen, Legg Mason's Head of Americas International.
Colombian AFPs shifting ETF exposure to UCITS
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
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
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
"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
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.









