The transaction would strengthen the fixed-income business of Allianz Global Investors, while giving Rogge Global Partners larger distribution of its products. The transaction, which involved an undisclosed sum, is expected to complete in the second quarter of 2016.
Franklin shuffles staffing as bond veteran plans exit
February 9, 2016 by
Takaha recently had been overseeing roughly USD 20 billion across UCITS-compliant and US-only funds. His attention was increasingly on the Franklin Strategic Income fund, which has a USD 7.4 billion US version and USD 1.5 billion in its Luxembourg-domiciled fund.
Itaú shopping for private-banking operations in Argentina and Mexico
January 28, 2016 by
Argentina and Mexico are the markets Itaú is considering for expansion, according to Ricardo Villela Marino, executive vice president and board member of the Brazilian behemoth.
Ex-Pinebridge manager Rafael Mendoza takes charge of Investec’s GSF Latin American Equity fund
January 28, 2016 by
Compass Group's Carina Güerisoli, who previously ran the fund, will continue to run Investec's Latin American Smaller Companies fund.
Man GLG hires emerging-market-debt pro for US discretionary team
January 28, 2016 by
Guillermo Ossés brings a 24-year resume to GLG, following previous positions with HSBC, Pimco, Barclays and Deutsche.
Report: Latam Offshore market strengthens while US Offshore increasingly Miami-centric
January 21, 2016 by
“According to our estimates, the overall size of the three asset-gathering segments stands at USD 105 billion, with the US offshore segment accounting for more than half of the total at USD 56 billion,” said Thomas Ciampi, founder and director of Latin Asset Management.
Citibank wealth advisor joins Merrill’s UNHW strategic advisory group
January 21, 2016 by
Fabio Concesi joined Merrill's Lynch’s Strategic Wealth Advisory Group to help clients with USD 10 million or more with their estate planning and other wealth planning.
BofA Merrill: Investors losing confidence and ditching equities
January 21, 2016 by
“Investors are not yet ‘max bearish.' They have yet to accept that we are already well into a normal, cyclical recession/bear market,” says BofA Merrill Lynch's Michael Hartnett.
Natixis boosts marketing team with Santander hire
January 21, 2016 by
The appointment of Natalia García Martín-Andino aims at boosting Natixis’ Iberian and Latin American business.
Excel Capital, Chile’s newest distributor, hits ground running with Aberdeen, Henderson and Aviva Investors as clients
January 13, 2016 by
The firm is headed by three executives with years of combined experience dealing exclusively with global asset managers. At Excel, they plan to treat distribution as a core activity and give it the focus and resources necessary to keep the business growing.
