Reduction of deductibility from 100% to 53% as part of the 2014 Fiscal Reform paralyzed Mexico's private-pension fund industry, said Mercer Mexico's Ivette Maya.
Mercer: Viability of corporate pensions requires reinstating 100% deductibility to plan sponsors
December 5, 2018 by
Beyond the bear: BofA Merrill sees record-high earnings for S&P 500 in 2019
December 5, 2018 by
“The current weakness in the markets is not a reflection of poor fundamentals. Rather, it’s caused by a confluence of idiosyncratic shocks,” said BofA Merrill’s Candace Browning.
Envestnet and BlackRock partner to enhance the financial advisor experience
November 28, 2018 by
“As wealth managers shift to fee-based advisory relationships, they are asking for new technologies to help them scale their business and build better portfolios,” said Venu Krishnamurthy, global head of Digital Wealth for BlackRock.
Banorte sees BlackRock as source for positive change
November 26, 2018 by
Banorte's Alejandro Aguilar Ceballos, considers BlackRock’s arrival to the Mexican retail market as an opportunity for the industry to maintain its growth rate: "It will make us all go into training to be able to compete."
CFA Society sees investment in alternatives deepening the capital market
November 22, 2018 by
The Chilean society of CFA charterholders has 136 active members and more than 350 current candidates, according to Pamela Auszenker, a society member and head of equity research at Bci Corredora de Bolsa.
Chilean AFPs flee funds in broad October selloff
November 21, 2018 by
The AFPs wrapped October with USD 73.2 billion invested in cross-border funds, 70% of which was in equities.
Bolsonaro selection boosted local fund AUMs in October
November 20, 2018 by
Brazilian funds ended October with net inflows of BRL 6.4 billion, bringing the year-to-date amount to BRL 76.6 billion, albeit still below the BRL 251.3 billion raised in the same period of 2017.
LarrainVial analyzes Oppenheimer funds after merger announcement with Invesco
November 13, 2018 by
LarrainVial is eyeing opportunities to add to Invesco's asset-gathering success. In Chile alone, it has helped the manager raise USD 2.5 billion from AFP pension managers.
BTG Pactual nails down high-profile distribution deals
November 12, 2018 by
The firm’s third party distribution team, headed by Ignacio Pedrosa, recently annouced trio of deals, with T. Rowe Price, Mobius Capital and Solar Capital Partners.
Colombian AFPs flee emerging markets and Europe while raising US exposure
November 12, 2018 by
The AFPs yanked USD 516 million from emerging markets equity in September, including a USD 533 million redemption from the iShares MSCI Emerging Markets ETF.
