Principal Fondos de Inversion this spring launched two new global funds - one a feeder and the other subadvised - to meet the investment needs of capital repatriated in 2017, said the firm's Luis Lozano.
Henriquez passes baton as Insigneo enters new growth phase
Daniel de Ontanon, a veteran with leadership roles in Citi's private banking area, will take over as Insigneo's CEO, effective April 30, 2018. Raul Henriquez will continue in his role as chairman of the USD 8.5 billion advisory.
Brazilian investors’ focus on riskier fund classes intensified in first quarter of 2018
Since last October, balanced funds and equity funds have raised BRL 88 billion, compared to BRL 25 billion in outflows for fixed-income funds.
Old Mutual wholesalers agree to distribute OMGI funds as independent company
Old Mutual Global Investors' US offshore and Latin American offshore sales team has gone independent, and will continue to offer OMGI funds - and perhaps other brands - via its newly established, Miami-based, third-party distribution firm.
Fund-of-funds biz in Peru among biggest growth areas
The general secretary of the Association of Mutual Fund Managers of Peru, Fernando Osorio, highlighted the growth of the industry’s AUM over the last five years.
Natixis: Risk-taking paid off in 2017, with active portfolios outperforming passive
Passive allocations spiked to 22.8% early in the year, but fell to 20.7% by year-end, a sign that the steady rise of passive investments since 2013 may be beginning to taper, said Natixis's Marina Gross.
BCI AM looks for new alliances with traditional and alternatives managers
BCI, which already has relationships with Wells Fargo, First Trust and AdamsStreetPartners, has hired ex LarrainVial executive Sebastián Rodas to grow out the third-party institutional business.
Rate cuts in Brazil led to additional inflows to riskier asset classes in February
Retail investors are flocking to balanced and mixed funds, as well as equities, as inflation slows and interest rates come down.
State Street embraces new investment paradigm, launches investable indices
"We’re packaging an active strategy in rules-driven index, where security weights can change dynamically as relevant factors and big data indicators evolve," said Will Kinlaw of State Street Global Exchange.
Sura Asset Management appoints Vidal to head fixed-income unit for regional fund business
Armando Vidal, until recently head of the fixed-income unit of Sura-owned Peruvian pension manager AFP Integra, has become the head of fixed-income for Sura’s fund businesses in Mexico, Chile, Peru, Colombia and Uruguay.









