October was a good month for active managers Julius Baer, Deutsche, Schroders, Investec and Robeco, while ETF providers iShares and Vanguard finally caught a break as AFPs finally began taking positions in equity again.
Chilean AFPs rediscovered global equities in October, to the delight of cross-border managers
December 7, 2015 by
Tax holiday on wealthy Chileans could alter local private-banking landscape
December 7, 2015 by
Repatriation or sunlighting of undeclared overseas assets could generate new flows to local private banks and wealth managers.
CCR Monthly Approval Report – November 2015
December 7, 2015 by
Santander and Amundi registered four and three mutual funds in the month, respectively, while five other managers also won approval for one product of their own.
Morgan Stanley makes play for Credit Suisse’s US offshore team
December 7, 2015 by
The early-December announcement ends a month of uncertainty for the Miami and New York-based CS brokers, who were not included in a recruitment arrangement with Wells Fargo that covered US onshore advisors.
State Street sees volatility spilling over into 2016, challenging returns
December 7, 2015 by
"Disappointing growth results in emerging economies leads us to forecast low and slow global growth for 2016,” said Rick Lacaille, executive vice president and global chief investment officer at SSGA.
Deutsche X-trackers platform now includes enhanced-beta ETFs
December 7, 2015 by
“We are excited to launch our first suite of enhanced beta ETFs in the US,” said Fiona Bassett, head of passive in the Americas. “We believe this new suite complements our expertise and commitment to bringing innovative and relevant investment solutions to market."
ANBIMA recategorizes Brazilian funds based partially on new CVM classification
December 7, 2015 by
Funds will be classified on three levels, using first the classification established by the CVM, followed by their management style, asset-allocation and risk factors, and finally additional details of their investment strategies.
Afores: Cross-border funds are the logical alternative to cumbersome mandate process
December 7, 2015 by
"We have emphasized repeatedly their advantages and [cross-border funds] are a proven option; Peru, Chile and Colombia use them and capitalize on them," said Carlos Noriega, president of the local Afore trade group (Amafore).
Brazilian pension execs visit London to discuss global investing with three top managers
December 7, 2015 by
Columbia Threadneedle, Aberdeen and Investec hosted a delegation of seven Brazilian pension fund officials as part of a week-long seminar. "With Brazil experiencing a sharp slowdown, it has become clear that there is a need to diversify away from the local market," said Joseph Sweigart, senior institutional sales director at Columbia Threadneedle.
Regional Mutual Fund Managers Industry Statistics – September 2015
December 5, 2015 by
Excel workbook detailing, over various time periods, mutual fund industry asset growth by managers. Data as of September 30, 2015.
Companies mentioned in this report: Pellegrini; Galicia Adm. De Fondo; Schroders; Banco do Brasil; Itaú Unibanco; Bradesco; Banchile; Santander; BCI; BBVA Bancomer; Banamex; Credifondo; BBVA Fondos; Scotia Perú; Interfondo; Bancolombia; Bogotá and others.
