While commodities are off limits in AFP portfolios, ETF distributors are promoting products that have high correlation to various commodities and offer negative correlation to pension portfolios. Alberto Menéndez of Credicorp Capital, distributor of State Street, is among them.
Brazilian retail clients poured USD 2.5 billion into PIMCO fixed-income feeder in 2017
February 26, 2018 by
PIMCO's Brazil-based VP, Luis Otavio Oliveira, said the Brazilian fund, which invests in the US-domiciled PIMCO Income Fund became more attractive during the year when CDI yields started to tumble.
Sura eyes bigger slice of wealth segment in Mexico
February 26, 2018 by
With the idea of competing in the high-net-worth and private-banking segments, Grupo Sura is now seeking an agreement with a local brokerage firm, Pablo Sprenger, Sura's country CEO, said.
Pactual inks institutional-distribution deal with Capital Dynamics
February 12, 2018 by
"Capital Dynamics is one of the best integrated alternative investment platforms worldwide," said Ignacio Pedrosa, head of third-party distribution at BTG.
CCR Monthly Approval Report – January 2018
February 12, 2018 by
Legg Mason, Invesco, Natixis, Lyxor, and Degroof Petercam were the managers registering products in January 2018.
Fidelity launches international factor-based ETFs
February 12, 2018 by
“Many investors have expressed strong interest in international dividend and value factor strategies,” said Greg Friedman, head of ETF management and strategy at Fidelity.
Scotiabank property to take over Citi’s retail banking network in Colombia
February 12, 2018 by
Acquisition of Citi's 47 branches and 424 self-service access points across Colombia fits with Scotiabank's strategy to increase scale in Pacific Alliance economies of Colombia, Mexico, Chile and Peru," said the firm's Nacho Deschamps,
EuroAmerica AGF closed 2017 as a market innovator
February 12, 2018 by
The Chilean asset manager launched a string of diverse products, including Argentine equity and fixed-income vehicles that captured the attention of institutional and family-office clients.
Schroders bolsters Chilean presence with Banchile tie-up; eyes role in alternatives
February 12, 2018 by
The appetite for alternative products from clients in the region is here to stay, says Schroders' head of South American distribution, Alex Toledo.
Colombian AFPs favored emerging markets and Europe in 2017
February 11, 2018 by
Emerging-market equity ended up being Colombian AFPs’ biggest allocation target in 2017, ending the year with USD 5.8 billion in investments and a 29.5% market share.
