The firm already has three other feeders in Brazil, but the new fund, to be launched in November, is its first with a foreign-exchange hedge," says BNP's Luiz Felipe Santos.
Expert views sovereign-wealth model as viable for managing additional pension flows
October 22, 2017 by
Scholar Eduardo Walker, member of the Pension Funds Technical Investment Council, admitted that fees paid to third-party managers are not at all high when considering rebates.
Invex hires institutional sales veteran Luis Palacio
October 13, 2017 by
Palacio had most recently served as commercial director on the institutional side for BNP Paribas Investment Partners in Mexico.
Affluent investors flocked to cross-border funds in first half
October 12, 2017 by
Wealth-management clients in the US and Latin American offshore markets were attracted to strong returns across a range of regions, though they've grown more conservative in the second half, says Richard Garland, managing director at Investec Asset Management.
CCR Monthly Approval Report – September 2017
October 12, 2017 by
Eurizon led with three mutual funds registered in the month, all of them domiciled in Luxembourg, followed by PineBridge and UBAM, each with two funds approved.
Colombian AFPs plowed USD 420 million into cross-border funds in August
October 12, 2017 by
Europe, emerging markets and North America attracted the most Colombian AFP allocations in August, with USD 420 million flowing to the three regions for the month.
Peruvian AFPs may bump against alternatives ceiling in medium term
October 11, 2017 by
HMC's Daniel Dancourt said if Peruvian AFPs continue to buy alternatives at their current rate, the maximum multi-fund limits may be reached in three to five years.
Transamerica joins forces with local Mexican manager Akaan
October 10, 2017 by
Akaan's chairman and founder, Fernando Quiroz, was formerly CEO and vice-chairman of Citigroup's Institutional Clients Group for Mexico and Latin America.
Credicorp to unveil Latin American strategies fund
September 28, 2017 by
Credicorp's Alejandro Perez-Reyes says the fund will be domiciled in a Latin American country first, with a follow-on UCITS launch possible in the future.
New advisory designation marks resumption of private-banking activity in Argentina
September 28, 2017 by
While local companies can fit into this category, it is expected that foreign banks that left the country due to lack of legal protections will try to make landfall again in Buenos Aires. To do this they will have to open offices in the country and register as an AAGI.
