The deal could bring in up to USD3 billion or more than 3% of assets under management.
Previ plans BRL 300 million to invest in shares of foreign companies
April 17, 2013 by
Rene Sanda, Chief Investment Officer, of Brazil's biggest pension, said the decision followed conversations with other other major pension funds, which agreed on the need to invest abroad.
Industry looks for increased liquidity for closed-end investment funds
April 10, 2013 by
The new legislation should include authorization to repurchase up to 10% of their own shares annually, Enrique Ovalle, general secretary of Acafi, says.
Chile Monthly AFP Report Statistics – July 2013
August 21, 2013 by
Excel workbook detailing investments of all Chilean AFPs to international mutual fund managers. Data as of July 31, 2013.
Peruvian AFP Investments in International Mutual Funds – July 2013
August 14, 2013 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 July 31, 2013.
Baer seen close to buying Merrill’s non-U.S. wealth units
August 13, 2013 by
One source said that Baer could pay up to USD2 billion for the unit, which manages some USD90 billion for clients in Europe, Latin America, the Middle East and Asia.
State Street buys GSAS
July 18, 2013 by
State Street, said that it has agreed to pay USD550 million to buy Goldman Sachs Administration Services as it looks to become the leading global administrator of hedge funds.
Sura to distribute 66 BlackRock funds to non-institutional clients
April 10, 2013 by
The partnership will strengthen its open architecture model for fund sales. The U.S. firm is also pinning its hopes on potential growth in the retail segment.
Bice Inversiones launches international fund with tax break
April 5, 2013 by
The Bice EE.UU mutual fund will trade on the stock exchange giving participants tax-free gains.
CNBV plans to facilitate creation of investment funds
April 4, 2013 by
Andrés Rodríguez, deputy director general of the Investment Management Department of the CNBV, said the corporate structure under which an investment fund is set up could be adapted.
