While clients love the benefits of low interest rates when it comes to mortgages and loans, too many fail to grasp the impact of low yields on retirement savings, said George Rusnak, co-head of global fixed-income strategy for Wells Fargo Investment Institute.
Citi Private Bank continues to build out Latin American team
September 29, 2016 by
As newly named head of the Latin American multi-asset trading & advisory team, Nicolas Schmidt-Urzua will be responsible for providing complex trading solutions to the firm’s most sophisticated capital markets clients, including active traders.
HSBC Private Bank appoints US head of investment services and product solutions
September 29, 2016 by
Russell Schofield-Bezer will be responsible for the development and delivery of investment services and offerings to clients, the performance of discretionary and advisory mandates in the region, and the development of new initiatives and product ideas for local distribution.
Lombard International opens new office in Miami
September 28, 2016 by
“The Miami office serves as a gateway for us to engage with and educate advisors of the Latin American high-net-worth community,” said Helmer Arizmendy, senior managing director and Latin America region head for Lombard International.
MFS reorganizes its Latin American sales approach
September 20, 2016 by
MFS has lost two Argentina-based directors, named a Miami-based executive as managing director for the Americas, and ended a third-party distribution relationship with Santiago-based Picton Advisors.
Fidelity angles for piece of the Factor ETF action
September 19, 2016 by
While commenting on the launch of six factor ETFs, Anthony Rochte, president of Fidelity's ETF-services division, noted that its USD 250 billion in ETF AUMs represents about 11% of all US-domiciled ETF assets.
Two more ex-Merrill advisors launch independent boutique firm
September 14, 2016 by
The principals of the newly launched Coral Gables-based Maximai Investment Partners were said to run client books worth a combined USD 550 million.
Columbia Threadneedle boosts strategic beta capability with purchase of ETF family
September 7, 2016 by
The acquisition of Emerging Global Advisors adds over USD 900 million across a suite of nine emerging-markets-equity ETFs. The ETFs "enhance and complement our actively managed investment capabilities and bring our expertise to a broader set of investors,” said Columbia Threadneedle's Ted Truscott.
Citi Private Bank names JPM exec as UNHW team leader for Latin America
September 7, 2016 by
Garcia-Romero joins Citi from JP Morgan Private Bank, where she served as the market manager and investment team leader for the Andes, Central America and Caribbean region.
Sura launches Pacific Alliance bond fund
August 24, 2016 by
Sura's Juan David Perdomo said the Chile-domiciled fund will invest in government and corporate bonds throughout Chile, Mexico, Colombia and Peru. Mirror versions of the fund are expected in other jurisdictions.
