“Investors are demanding a new value proposition from active managers that proves their ability to deliver returns above the benchmark,” said Douglas Eu, CEO US for AllianzGI.
Allianz GI’s ‘performance fee’ funds charge investors only when beating benchmarks over 12 months
Andbank bids to be among Argentina’s first licensed global investment advisers
Andorran private bank Andbank, already active in Mexico and Brazil, wants to be operational in Argentina in the first half of 2018, said Carlos Moreno, the firm's head of the Americas.
HMC Capital selected as subadvisor for Swedish manager East Capital
The Latin American firm’s investment team, led by Santiago Arias, will collaborate with managers of the Swedish firm's Sustainable Emerging Markets Fund.
Natixis: Institutional investors embrace active managers amid fears of bubble, increased volatility
“Investors are facing unprecedented challenges as central banks unwind the easy money policies that have dominated the markets since the financial crisis and prepare for the first challenging bond market in more than a generation,” said Natixis's David Giunta.
Headstrong millennials take financial planning into their own hands
“As we observe how Americans look at their financial future, younger generations continue to rewrite the rules for the rest of us,” said Aron Levine, head of Merrill Edge
Allfunds sees opportunity in pension and wealth markets across Latam
Laura González, newly-named head of Allfunds' business in Iberia and Latin America, sees great opportunity in Mexico and Brazil and in onshore wealth management in general.
Advisors working more in teams but not collaborating on decision-making, says Janus-backed study
“Extraordinary teamwork is crucial for delivery of a remarkable client experience and to the success of an advisor practice in today’s dynamic wealth management industry,” says John L Evans Jr., executive director of Janus Henderson Labs.
Scotiabank agrees to buy BBVA’s stake in BBVA Chile
Scotiabank CEO Brian Porter has said that the potential acquisition of BBVA’s retail business in Chile was a “once-in-a-lifetime opportunity.”
HMC reinforces real-estate fund team with hire of ex-Itaú-Corpbanca exec
José Ignacio Uauy said that his aim in joining HMC Capital was to "support the development and expansion of the business of managing real assets in Chile and in the region."
Carolina Montiel to head BNY Mellon’s family-wealth investment-advisor group
Based in Miami, Montiel will report to Ridge Powell, managing director and team leader of the advisory group, and will support the Florida region alongside Managing Director Ray Sidwell and the international team.