AllianceBernstein, fresh off winning an Afore mandate, is ready to expand its operations in Mexico. It is actively seeking other mandates while deepening ties to the retail segment, according to Miguel Rozensztroch, senior managing director for Latin America.
Finaccess and Credit Suisse combine strengths to raise money among affluent in Mexico
The fund family was jointly designed by Finaccess and Credit Suisse, and offer access to a portfolio of strategies managed by Credit Suisse, Finaccess's Luis Cervantes told Fund Pro Latin America. Both firms distribute the products.
New alternatives regulations free up AFP cash
Two of Chile's most experienced executives in the alternatives industry - Matias Eguiguren and Ricardo Morales - explained how the new investment regimen streamlines the handling of committed capital.
BlackRock to acquire asset management business of Citibanamex
“BlackRock’s ambition is to become a full solutions provider in key markets around the world," BlackRock's Armando Senra said. "This transaction is a big step forward in that direction in Mexico."
Citibanamex’s wealth operation sees windfall from repatriations
Many investors considered the amnesty that ended on October 19th as a “last call” to bring money back to Mexico at a reduced tax rate, Citibanamex's Alejandro Martínez Féres said.
Record net inflows continue in Brazil
The Brazilian fund industry’s record net inflow through October 2017 - BRL 243 billion - reinforces the positive trajectory of the segment this year.
Colombian AFPs look to US and Latin America in October
The biggest inflows went to North America equity, with Colombian AFPs shifting USD 99 million into the funds after pulling money out the previous month.
Mandate news circulates during and after Afore convention in October
Pensionissste, Banamex, Profuturo and Principal were the subjects of mandate news in October and November, as were global managers BlackRock, Wellington, Franklin Templeton and a pair of others.
HMC reinforces real-estate fund team with hire of ex-Itaú-Corpbanca exec
José Ignacio Uauy said that his aim in joining HMC Capital was to "support the development and expansion of the business of managing real assets in Chile and in the region."
Chilean AFPs turn conservative in October, pour USD 958 million into money-market funds
Total Chilean AFP investments in mutual funds and ETFs rose USD 1.7 billion to reach USD 74.9 billion in October.












