“As we observe how Americans look at their financial future, younger generations continue to rewrite the rules for the rest of us,” said Aron Levine, head of Merrill Edge
Allfunds sees opportunity in pension and wealth markets across Latam
December 13, 2017 by
Laura González, newly-named head of Allfunds' business in Iberia and Latin America, sees great opportunity in Mexico and Brazil and in onshore wealth management in general.
Alternatives registration already underway in Chile
December 13, 2017 by
Managers that already have investments via feeder funds can submit their approval directly, while new firms will have to gain sponsorship from an AFP.
Advisors working more in teams but not collaborating on decision-making, says Janus-backed study
December 13, 2017 by
“Extraordinary teamwork is crucial for delivery of a remarkable client experience and to the success of an advisor practice in today’s dynamic wealth management industry,” says John L Evans Jr., executive director of Janus Henderson Labs.
Brazilian pensions less likely to invest abroad despite new resolution facilitating use of local feeders
December 13, 2017 by
A new rule intended to make it easier for Brazilian pensions to allocate to feeder funds investing in cross-border funds is so confusing that it may have the effect of causing redemptions from these products, at least until there is clarification.
CMN Resolution 4.611
December 11, 2017 by
Alters Resolution 3.792, from September 24, 2009, which set rules on the allocation of assets of plans administered by Brazilian closed pension funds.
Scotiabank agrees to buy BBVA’s stake in BBVA Chile
December 6, 2017 by
Scotiabank CEO Brian Porter has said that the potential acquisition of BBVA’s retail business in Chile was a “once-in-a-lifetime opportunity.”
Prima AFP names Corpancho head of equities
December 6, 2017 by
In his new role, Oscar Corpancho has responsibility over portfolio managers Jorge Morey and Juan de Dios Cárdenas, who are in charge of international-equities analysis and mutual-fund selection.
VanEck adds tax-friendly UCITS to Mexico offering
December 6, 2017 by
“Since launching our first UCITS ETF in 2015, we have seen increasing investor interest in Mexico," noted Eduardo Escario, regional director at VanEck.
Compass Argentina looking ahead to capital market reform
December 6, 2017 by
"We will be launching new liquid strategies in the short term and by 2018 we will be very focused on structuring real-estate funds," said Juan Cruz Elizagaray, country head of the Compass Group in Argentina.
