The decision is part of a strategic review of the Latin American business, said Aishling Cullen, a spokeswoman for the Toronto-based company.
Felipe Godard appointed new Head of Deutsche Wealth Management Latin America
August 13, 2013 by
He will be based in Geneva, Switzerland and will report to Haig Ariyan and Chip Packard, Co-Heads of Wealth Management, Americas.
Pensions Superintendent looking at use of currencies by AFPs
August 7, 2013 by
It had been noticed that some foreign managers have issued special share series denominated in currencies different from the underlying asset.
JP Morgan Funds strengthen in Latin America
August 7, 2013 by
The creation of a new job to coordinate all sales in the region, filled by Guiuliano de Marchi, combines with the plans to open a distribution office in Colombia.
Fixed-income ETFs waiting for Chile-US double taxation agreement
July 17, 2013 by
The agreement will grant a 30% exemption for these instruments from the current withholding on the capital gains.
Chilean financial institutions ready to adopt FATCA standard
July 12, 2013 by
The various industries involved and their partners are finalizing operational details for filing the information requested by the United States while waiting for the intergovernmental agreement.
Bice Inversiones aims to strengthen its offer in Asia
July 12, 2013 by
The distributor is looking for a manager specializing in Asia to complement its existing offer. Bice currently distributes funds of Goldman Sachs, Van Eck, Nordea, and TIAA-CREF.
Regulatory change extends fixed income spectrum for AFPs
July 12, 2013 by
The E fund will soon be able to invest in mutual funds and fixed income ETFs, even though up to 10% of the portfolio of these instruments relates to the restricted category.
Gonzalo Binello will move to London to take up a new role in Schroders
January 21, 2013 by
In February, Gonzalo Binello, the Head of Distribution Latin America (ex-Brazil) of Schroders, will move to London to take up a new role in the Global Financial Institution Group (GFIG).
BBVA may sell Latam pension businesses
May 25, 2012 by
Spain's No.2 bank BBVA may sell its Latin American pension fund businesses, joining the ranks of banks looking to shed operations outside their main markets to reduce risks and meet tougher capital rules.
