CCR Monthly Approval Report – February 2019

A total of 14 products were added in the month from 10 different asset managers: Investec, Man, Sycomore, Sinergy, Ardian, CVC, Oak, PGIM, and Global Infrastructure Partners.

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Brazilian multi-asset funds posted second straight monthly outflow in May

Despite the setback, in the year to date through May, the fund industry has raised BRL 86.5 billion (USD 25 billion) against BRL 66.9 billion through May of 2018.

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JPM names Brussa to offshore sales team, covering Texas, San Diego and Arizona

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.

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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.

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BICE looks to bolster penetration of global brands it represents

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.

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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.

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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.

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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.

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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.

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