A total of 45 products were added in the month from 14 different asset managers: State Street, iShares, AB, AZ Multi Asset, Barings, BMO, JP Morgan, Morgan Stanley, Ares, Coller, Crescent, Gelman, LGT and Vista.
Brazilian funds suffered outflows in June, but YTD balance remains positive
July 31, 2018 by
In June, Brazilian mutual funds suffered BRL 25.9 billion (USD 7 billion) in capital outflows, their worst monthly result since October 2008.
Schroders launches Argentine bond fund aimed at international market
July 31, 2018 by
“We have seen strong interest from international clients to have an Argentine bond product that can provide a compelling yield story," said Nicolas Giedzinski, head of LatAm intermediary and discretionary US Offshore.
Vanguard to enter mutual-fund market in Mexico
July 30, 2018 by
While ETFs will still be its main offering, Vanguard Investments Mexico is ready to take on the mutual fund business in the country through subadvisory and directly with the Afores as soon as regulations allow.
AFPs step back from Europe, Asia and Latin America amid trade tiffs
July 30, 2018 by
Chilean AFP pension managers pulled USD 1.3 billion of assets from cross-border funds and ETFs in June, backing away from European, Latin American and Asian equities.
Redeemable funds in Chile have gathered USD 5.2 billion in AUM
July 29, 2018 by
Luis Alberto Letelier, president of the ACAFI, says redeemable funds - which increasingly invest in funds of global managers - have opened a great tax-efficient opportunity for affluent Chilean investors.
Morgan Stanley jumpstarts Latam Offshore distribution with Arakaki hire
July 16, 2018 by
A veteran in Latin American distribution circles, Victor Arakaki got his start in asset management at HSBC Brasil in 2007, where he remained until 2014, when he joined Deutsche Asset Management/DWS.
Ardian’s arrival in Chile leaves Volcom unfazed
July 15, 2018 by
Volcom has renewed its contractual conditions with Ardian with view to playing a leading role in the firm’s plans for penetration of the region.
Wells Fargo: investors are optimistic but still wary of market volatility
July 15, 2018 by
“Investors appear to be sleeping with one eye open," says Erik Davidson, CIO of Wells Fargo Private Bank. "They are optimistic, but they have clear concerns about what factors could impact markets and drive volatility.”
Amundi debuts in Mexican ETF market with its “green” vision
July 15, 2018 by
The European giant will debut a low-carbon and a floating-rate ETF in dollars which, like Amundi's active strategies, focus on obtaining good returns for clients, while generating positive impacts on climate, social responsibility and good governance.
