Grupo BTG Pactual SA's broker-dealer in Argentina will start operations by early September, as Latin America's largest independent investment bank seeks to boost exposure to potential capital markets expansion in the country.
Pimco puts on asset-gathering master class in Brazil
August 30, 2017 by
Pimco's Brazil-domiciled feeder funds, which invest in cross-border Pimco products, raised roughly USD 350 million in the first six months of 2017, with AUMs jumping from USD 61 million to USD 419 million. Luis Otavio Oliveira, Pimco's VP of business development, explains how.
MFS looks to reinforce its Latin American sales team
August 15, 2017 by
Miami-based L. José Corena, managing director-Americas, will continue to oversee of sales and administrative matters in the region as MFS looks to fortify its Latin American sales effort.
AllianceBernstein sets up in Chile, and keeps partnership with Vision Advisors
August 15, 2017 by
Ignacio Fuenzalida, who was heading MFS Investment's efforts in the Andean region, was hired to run AB's newest Latin American office. Alliance will continue using Vision Advisors as a rep firm in a more targeted effort.
Brazilian mutual funds added another USD 8 billion in AUM in July
August 15, 2017 by
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.
