Credit Suisse Group named José Olympio Pereira as chief executive of its Brazilian unit, overseeing investment banking, private banking and asset management divisions. He replaces Antonio Quintella.
Itaú will not be the only AGF with ETFs based on the IPSA or IGPA indexes
The exclusive agreement with the Santiago Stock Exchange relates to commercial use of the brands but does not limit their replication by other managers.
Pimco to Open Office in Brazil
Pimco will operate in Brazil as PIMCO Latin America Administradora de Carteiras, and will be regulated by the CVM.
JP Morgan to sponsor two additional PIMCO ETFs
The new PIMCO ETFs, PIMCO 0-5 Year High Yield Corporate Bond Index Fund (HYS) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ), are listed on the Bolsa Mexicana de Valores in pesos and trades can be initiated through a local broker.
AFPs diversify their choice of ETF issuers
Although iShares continue to dominate the segment, in the last two years very strong competition has appeared along the way.
Compass Group to take over distribution of UBS for the region
Chilean and Peruvian pension funds currently hold investments in funds of this global asset manager.
Two new domiciles to enter CCR listing
AFPs will soon have funds domiciled in 11 different markets.
Registration of funds: a situation that managers have taken on board
Whether because of the procedure developed by the regulators or the AFPs themselves, it is not possible to place a fund until three months after the start of the process.
Aseguradoras redujeron sus utilidades en 59.1% durante 2011
Mercado asegurador en su conjunto registró ventas totales que alcanzaron los USD9,681 millones en 2011.
Principal buys stake in Claritas
As part of its long-term strategy to boost its presence in Brazil it will buy a 60% percent indirect ownership stake in the Brazilian mutual fund manager.




