The over USD 150 billion combined business will seek to deliver clients market-leading, holistic infrastructure expertise across equity, debt and solutions at substantial scale.
Franklin Templeton completes acquisition of Putnam Investments
“With complementary capabilities and a track record of strong investment performance, Putnam expands our ability to offer more choice to more clients,” said Jenny Johnson, President and CEO of Franklin Templeton.
BNP Paribas Opens Miami Office
The bank appointed Matt O’Connor as Head of its new Miami office and Annabella Espina the Chief Operating Officer (COO).
BlackRock begins iBonds offering in Latin America
So far the manager has launched nine iBonds on the UCITS platform for global investors, four corporate in dollars, four corporate in euros, and one US treasury.
Bolivia dissolves its USD 2.4 billion private pension system
Transfer of assets to a state-run agency means private managers owned by Zurich and BBVA have closed shop.
Insigneo reaches USD 20 billion AUM in Latin America
"Our aim is to be the best financial-services, wealth-management and private banking platform in Latin America," Insigneo's Rodolfo Castilla said.
Aitor Jauregui named head of BlackRock’s Latam operations
The executive will also head the offshore Latin American high-net-worth-client business, which is concentrated in Miami.
Colchester’s first offering to AFPs is a sovereign debt fund
"Colchester’s focus on Chile is part of a broader medium-term strategy for Latin America," says the firm's Analia Giachino.
Amundi is closely watching changes in pension systems in Latam
Amundi's Gustavo Lozano said pensions have reached a certain stabilization, "although we will still have to be wary with respect to...the socio-political situation."
Peru, Colombia and Bolivia move to facilitate flows between public, private systems
Migration of participants from one system to another is related to the reformist winds in the region.