“We are always looking for innovative new ways to give investors convenient access to our actively managed strategies,” said David Giunta, CEO for the US and Canada at Natixis Investment Managers.
CMN heeds industry advice, ditches rule requiring risk rating on cross-border funds
The original resolution by the Brazilian Monetary Council had paralyzed the offer of global funds to local pension managers, said Marc Forster, executive director at Western Asset in Sao Paulo.
Brazilian fund industry raised USD 82 billion in 2017
Declining interest rates provoked transfers in 2017 to balanced/mixed funds which raised BRL 101 billion (USD 32 billion), and equity funds, which added BRL 21 billion (USD 7 billion).
BlackRock-Banamex tie-up in Mexico promises to upend the market
Who wins and who loses when BlackRock takes over CitiBanamex's asset management operation in Mexico?
With holy grail in reach, cross-border managers urge respect for process in Mexico
While preaching patience, Natixis's Mauricio Giordano told Fund Pro Latin America that Afores could potentially make their first cross-border-fund investments in the second half of 2018.
LarrainVial to promote Invesco funds in Uruguay/Argentina market
Invesco products being offered initially in Argentina and Uruguay will reportedly be linked to European equities, according to Larrain's Sebastián Caronni.
Vanguard names sales executives to Mexican team
Among the hires was sales consultant Denise Casellas, formerly with Sura Asset Management and Santander Asset Management.
Chilean regulator sets comment period for rules banning hedge funds from AFP portfolios
Amid concern from foreign distributors and managers, the Pensions Superintendency published a draft resolution on January 8 aimed at clarifying what types of hedge funds can be purchased by Chilean AFPs.
Allianz GI’s ‘performance fee’ funds charge investors only when beating benchmarks over 12 months
“Investors are demanding a new value proposition from active managers that proves their ability to deliver returns above the benchmark,” said Douglas Eu, CEO US for AllianzGI.










