Mike Perry, head of alternative investments for Nuveen, said the firm is committed to helping clients build out this important component of their portfolios.
UniCredit and Santander terminate talks to merge asset managers
The planned tie-up using the UniCredit's Pioneer Investments trademark had created uncertainty in Latin America, given Santander's strong brand recognition in Brazil, Mexico, Argentina and Chile.
UBS first to add NextShares active ETFs to advisor platform
UBS Asset Management Americas also said it will partner with NextShares Solutions to support the development and launch of UBS-sponsored NextShares funds in 2017.
BlackRock’s Latam MD tapped to head firm’s Australian operation
Dominik Rohe had been working with BlackRock in New York, where he served as a managing director and head of institutional and wealth for the Latin America and Iberia region.
Jorge Diaz departs BlackRock to join Compass Group
Compass is the leader in third-party distribution to institutional clients in the region, with more than USD 12.7 billion raised for the seven international firms: Vanguard, PIMCO, Investec, Eastspring, Nomura, UBS and Wisdom Tree.
Openfunds billed as new global standard for fund data interchange
"Openfunds," developed jointly by UBS, Credit Suisse, Julius Baer, Fundinfo AG and others, provides a widely accepted standard for efficient fund data transmission, says Michael Partin, Openfunds committee member and CIO of Fundinfo.
Institutional risk-management strategies need urgent overhaul, finds AllianzGI RiskMonitor
Neil Dwane, global strategist at AllianzGI said that that two-thirds of institutions are calling for innovative new strategies to help balance risk-return trade-offs, provide greater downside protection and replace traditional approaches to risk management.
Morgan Stanley opens third Miami office dedicated to Latin American wealth management
James Jesse, head of International Wealth Management, said he considers the "meeting the offshore-wealth-management needs of Latin American clients" to be a significant growth opportunity. Most of the 22 advisors at the new office are former Credit Suisse employees.
Allianz completes acquisition of Rogge Global Partners
Consistent with AllianzGI’s previous integrations, the distinct dynamics and processes of Rogge's 30-year-old investment philosophy will be maintained within AllianzGI’s global investment platform.