BTG's Marcos Pimentel noted that the firm already distributes with Reliance Asset Management; Evli Fund Management and Capital Dynamics in Latin America, but feels Robeco funds are best suited for the still-unsophisticated Brazilian market.
Old Mutual ponders expansion out of Colombia and Mexico
August 1, 2018 by
The firm is said to be particularly interested in the Brazilian and Peruvian marketplaces, where life-insurance penetration is relatively low.
Transamerica’s Mexican unit builds out product platform
August 1, 2018 by
Akaan Transamerica wants to take on the big players in the Mexican market, not only in wealth management, but also fund management, brokerage and insurance.
Actinver adds another third-party manager, naming subadvisor to global multi-asset fund
August 1, 2018 by
Actinver signed an advisory agreement with Canadian manager Fiera Capital to reinforce the operation of its USD 174 million DINAMO fund, as it conducts a manager search for a fund focusing on cyber security.
Eighteen private-equity firms have registered funds for sale to AFPs
August 1, 2018 by
So far, registration in the CCR is led by private-equity fund sponsor, with 18 listed firms. Private debt and real estate follow far behind.
S&P Dow Jones’ IPSA/IGPA revamp not seen affecting ETFs in Chile
August 1, 2018 by
Silvia Kitchener, director of S&P Equity Indices for Latin America, said the idea is to project the IPSA as the stock exchange's investable index, with the general index, reflecting the behavior of the broader market, via the S&P/CLX IGPA.
With Santibáñez hire, Security moves to distribute international brands
July 31, 2018 by
While Security already has a distribution alliance with Oaktree Capital Mgt., the hiring away of Enrique Santibáñez from Bice was seen as a major step in fully developing this line of business.
CCR Monthly Approval Report – July 2018
July 31, 2018 by
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.
