The industry has raised BRL 146 billion (USD 45 billion) in the year-to-date and BRL 212 billion (USD 66 billion) in the 12 months.
Legg Mason builds on feeder fund biz in Brazil
August 15, 2017 by
The firm has listed a locally domiciled vehicle that feeds into an equities fund run by affiliate Rare Infrastructure, and another that invests in a global credit fund managed by Brandywine Global.
HMC adds Aegon-owned Kames Capital to brand lineup
August 15, 2017 by
Ricardo Morales, a partner at HMC Capital, believes Kames brings a unique investment outlook to the Chilean market, as well as to HMC, which already reps for Matthews Asia, Neuberger Berman, Man and Bradesco.
Principal Afore again delays rollout of first global mandate
August 14, 2017 by
Afore Principal CEO, Mariano Ugarte, said the manager would implement its first international mandate in 2018, once "the markets have calmed down," referring to the high level of volatility for the Mexican Peso since the election of Donald J. Trump.
Sura loses wealth-team heavy hitter to LarrainVial
August 14, 2017 by
Chile-based Juan Pablo Valdes, who was heading a Sura Asset Management wealth-management team with USD 2 billion in client assets, has joined LarrainVial Asset Management as commercial director.
GIS, Northeast and Hencorp rebranded as Insigneo, a firm with USD 8 billion in client assets
August 14, 2017 by
Raul Henriquez is the CEO of Insigneo, the result of the integration of several companies: Global Investor Services, HB Asset Management, Alpha Capital, Hencorp Wealth Advisors, and the recently acquired Northeast Securities.
Piñera’s pension proposal likely to encourage cross-border investment
August 14, 2017 by
The candidate's campaign released a proposal that would boost employer contributions by 4%, all of it channeled to AFPs, as opposed to the current government's plan to use a government-supervised fund outside the purview of the AFP industry.
Senior Goldman exec to take reins of Julius Baer’s Latin operations
July 31, 2017 by
Beatriz Sanchez is slated to replace Gustavo Raitzin, who has led the Julius Baer's Latin America effort since 2005, overseeing the firm's expansion in Latin America and broadening the business along a network of currently eight locations.
CCR Monthly Approval Report – July 2017
July 31, 2017 by
Only three products were added in the month from three different asset managers: HSBC, Macquarie and Kames Capital.
BNY Mellon Latam head sees opportunities in Chile, Uruguay and potentially Mexico
July 31, 2017 by
Sasha Evers, who leads BNY Mellon IM's Latin business from Madrid, says the firm will maintain its current team size in Santiago, Chile, while pursuing a strategy of organic growth.
