The Spanish bank is clawing back the 50% stake in Santander Asset Management it sold to Warburg Pincus and General Atlantic for EUR 2 billion in 2013. It manages EUR 170 billion in client assets.
BTG Pactual chairman Arida quits; Kalim named to replace him
November 21, 2016 by
Persio Arida, who became BTG's chairman only in December last year, will be replaced by Roberto Kalim, currently BTG Pactual’s co-chief executive officer, according to a securities filing.
SSGA: Current environment favors sectors over style for investment advisors
November 21, 2016 by
“The 'lower for longer' return environment has many investment professionals taking a more precise approach to asset allocation, which favors sectors and industries over style-based investing,” said Nick Good, co-head of the Global SPDR business at State Street Global Advisors
Chilean Life Insurer Investments in International Funds – June 2016
November 21, 2016 by
Excel workbook detailing Chilean life insurer allocations to global fund managers. Includes names of all funds as well as amounts invested in each. Also included is a breakdown of offshore allocations by asset class and regional investment focus. Data as of June 30, 2016.
Companies mentioned in this report: NN IM; iShares; State Street; BlackRock; Morgan Stanley; Vontobel; Investec; Columbia Threadneedle; LarrainVial; Vanguard; JP Morgan; Fidelity; ProShares; Allianz; Baring; Pioneer; BNY Mellon AM; BNP Paribas; WisdomTree; Robeco; Schroders; Oppenheimer; Baron; MFS; Invesco; Aberdeen; Capital Group; Franklin Templeton; Deka; Amundi; Pictet; Legg Mason; UBS; EuroAmerica; Consorcio Nacional; Chilena Consolidada; Sura; Cruz del Sur; Principal; Bice; Corp; MetLife; Penta; Bci; Ohio National; Security.
MFS sentiment study: investors confident in active management
November 18, 2016 by
MFS's Carol Geremia notes that a current strong bias toward active management should continue, especially with many investors worried about increased market volatility in coming years.
Peruvian AFP Investments in International Mutual Funds – October 2016
November 17, 2016 by
Excel workbook detailing Peruvian AFP allocations to global mutual fund managers, over various time periods. Also included is a breakdown of offshore allocations by asset class, over various time periods. Data as of October 31, 2016.
Companies mentioned in this report: Aberdeen; Allianz; Amundi; Axa; BlackRock – iShares; BNP Paribas; BNY Mellon; Deutsche; Dimensional; EDM; Federated Investment; Fidelity; Franklin Templeton; GAM; GBM; Goldman Sachs; Henderson; Invesco; Investec; JP Morgan; Matthews; MFS; Morgan Stanley; Muzinich; NN Investment ; Nomura; Pictet; PineBridge; Pioneer; PowerShares; Robeco; Santander; Schroders; State Street; Threadneedle; UBS; Van Eck; Vanguard; Vontobel; Wellington; WisdomTree; Habitat; Prima; Profuturo; Integra.
Credicorp Capital picks up distribution of Rogge funds
November 17, 2016 by
Credicorp's Ignacio Montes said incorporation of the Rogge products came about as a direct result of its acquisition by Allianz, since the German firm already has a distribution agreement Credicorp.
Lombard International appoints ex-UBS wealth boss as head of Latin America
November 17, 2016 by
Andreas Meier joins Lombard International from UBS Deutschland AG, where he was head of wealth management for Latin America. In this newly created role, he will be based in Luxembourg and will report to Axel Hörger, CEO Europe.
Afores’ reluctance to diversify confounds regulator
November 17, 2016 by
"There is underutilization of investment limits on nearly all fronts," said Carlos Ramírez, president of the Afore regulatory body. He cited underutilization of equity limits, as well as the minor positions of the Afores in foreign securities.
Mexican Mutual Fund Industry Statistics – September 2016
November 16, 2016 by
Excel workbook detailing, over various time periods, mutual fund industry asset growth by sector and managers. Data as of September 30, 2016.
Companies mentioned in this report: Banamex; BBVA Bancomer; Santander; Banorte – Ixe; Inbursa; Actinver; Scotia Inverlat; HSBC; GBM; Nafinsa; Interacciones; Sura; Valmex; Vector; Invex; Value; Principal; Monex; Compass; Intercam; Skandia; Finaccess; Mifel; Multivalores; Valores Afirme; CI Fondos; Franklin Templeton; Ve por Más; American Express; Invercap.
