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.
Pension Reform: AFPs, AGFs and insurers will battle for new pension flows
November 12, 2018 by
In a break for global managers, under President Sebastián Piñera's proposal, AFPs, AGFs and others would compete for the 40% increase in per-worker contributions to the retirement system.
Citi Private Bank seeks to assist FOs in protecting wealthy families’ privacy
November 9, 2018 by
"Without a global standard for privacy protection in a progressively digital world, it is becoming increasingly complex for our clients to safeguard the privacy of wealthy families," says Citi's Edward Marshall.
AFPs and insurers expecting changes to Peru’s 95.5% law
November 8, 2018 by
Giovanna Prialé, president of the AFP Association, said allowing workers to withdraw 95.5% of their savings at retirement has disrupted the objectives of the pension system.
Client demand prompts Franklin to launch ETFs in Mexico
November 6, 2018 by
Under the guidance of country manager Hugo Petricioli, Templeton is looking to complement its USD 800 million local-fund business with the launch of ETFs.
Study finds that Peruvian retirees make poor choices with their lump-sum pension payouts
November 2, 2018 by
An IDB study found that retirees removing 95.5% of their pensions at age 65 made poor investment decisions or spent the money without regard for their future, noted Eduardo Morón, head of a Peruvian insurance group.
CCR Monthly Approval Report – October 2018
November 1, 2018 by
MFS, Amundi, Invesco , Schroders, Franklin Templeton, Deutsche, and Nomura were among the fund sponsors gaining approval for new products in October 2018.
Global managers dealt series of body blows in Mexico
November 1, 2018 by
Cross-border firms lost nearly USD 500 million in allocations when BlackRock took over Banamex's fund unit. Meanwhile, a large Afore is close to unwinding two global mandates as regulators delay implementation of fund rules.
Brazilian fund industry shows resilience despite investor uncertainty
October 29, 2018 by
In September, the fund industry posted net inflows of BRL 7.2 billion (USD 2 billion), accumulating inflows of BRL 24.9 billion and BRL 71.1 billion in the quarter and year to date, respectively.
