The Skandia name is set to be revived in Latin America by the prospective buyer, the Chinese-owned CMIG International.
Mirabaud AM exec shakeup brings new coverage of Latin America
Elena Villalba will be responsible for business development in Spain, Portugal and Latin America. Meanwhile, Raimundo Martín, managing director for Iberia and Latin America since October 2012, is leaving the company.
Fidelity launches international factor-based ETFs
“Many investors have expressed strong interest in international dividend and value factor strategies,” said Greg Friedman, head of ETF management and strategy at Fidelity.
Schroders bolsters Chilean presence with Banchile tie-up; eyes role in alternatives
The appetite for alternative products from clients in the region is here to stay, says Schroders' head of South American distribution, Alex Toledo.
BlackRock: Boomers missing out on ETF revolution
“Boomers, who came of age during one of the most extended bull markets in memory, may still be holding onto a stock-picking mentality,” says Martin Small, head of US iShares at BlackRock.
MFS opens Americas sales hub in Miami
An initial executive at the new Miami office will be Eric Figueroa, who was named regional representative for the Colombian market.
BlackRock: Global institutions look to real estate, hedge funds and infrastructure as stock valuations peak
BlackRock's Edwin Conway says his clients' two-pronged strategy for navigating risk and volatility is to maintain cash levels and selectively take active positions in alternatives and other illiquid vehicles.
Natixis gets NYSE license to create actively managed ETF
“We are always looking for innovative new ways to give investors convenient access to our actively managed strategies,” said David Giunta, CEO for the US and Canada at Natixis Investment Managers.
LarrainVial to promote Invesco funds in Uruguay/Argentina market
Invesco products being offered initially in Argentina and Uruguay will reportedly be linked to European equities, according to Larrain's Sebastián Caronni.