"Investors are more willing to move cash off the sidelines and increase investments, while business owners are set to increase capital spending and hiring," said Paula Polito, client strategy officer of UBS Wealth Management Americas.
BlackRock Study: Institutional investors to put cash to work in 2017
"Reflation is set to take root this year and could well be the final prompt that institutions have needed to rethink their cash allocations and views on risk," said Edwin Conway, global head of the institutional client business at BlackRock.
BNY Mellon expands role of Iberian head Evers to include Latam
Antonio Salvador Nasur will continue in his regional role based in Santiago, Chile, reporting directly to Sasha Evers, who is based in Madrid.
Northern Trust strengthens South Florida wealth management team
Northern Trust has promoted Rick Fernandez to managing director of one of its Miami wealth advisory teams, and has hired Xavier Martinez as senior portfolio manager within that team.
Snowden Lane adds ex-Wells international advisors
David Lautz and Francisco Malfavon have joined Snowden Lane's San Diego office. They are the forming the LEM Group, and bring USD 125 million in client assets, increasing Snowden Lane’s asset base to over USD 3 billion.
Evans leaves Investec to take Oppenheimer post
Tom Evans told Fund Pro Latin America that his role and coverage territory at Oppenheimer will be similar to that of Investec, specifically the US offshore business covering New York, Texas, California and Toronto.
Becon Investment Management to help global brands gather assets in Latam intermediary channel
Three deeply experienced sales executives have formed Becon Investment, which primarily seeks to represent third-party fund managers in the intricate, relationship-dependent US Offshore and Latam Offshore market.
Natixis survey: Volatile market environment prompting more active investing
“Unprecedented economic and political forces around the world are the top concern for institutions in 2017,” said John Hailer, CEO of Natixis Global Asset Management for the Americas and Asia and head of global distribution.
Wells Fargo’s advice for 2017: look beyond day-to-day volatility in global markets
If investors were looking solely at recent disruptive global events, "they wouldn’t have seen what was quietly happening in the background – nearly all asset classes were moving higher,” said Darrell Cronk, president of Wells Fargo Investment Institute.
MFS announces promotions among Latam team
Stephan Von Hartenstein, regional director, has taken on additional coverage and support responsibilities for the Southern Cone region. Ignacio Durañona, who had been working as an internal wholesaler since 2015, was promoted to Southern Cone regional manager.