“We are excited to launch our first suite of enhanced beta ETFs in the US,” said Fiona Bassett, head of passive in the Americas. “We believe this new suite complements our expertise and commitment to bringing innovative and relevant investment solutions to market."
Brazilian pension execs visit London to discuss global investing with three top managers
Columbia Threadneedle, Aberdeen and Investec hosted a delegation of seven Brazilian pension fund officials as part of a week-long seminar. "With Brazil experiencing a sharp slowdown, it has become clear that there is a need to diversify away from the local market," said Joseph Sweigart, senior institutional sales director at Columbia Threadneedle.
Esteves arrest could be final nail in coffin of BTG’s Chilean fund distribution business
BTG, already faced with the desertion of three international fund managers over the span of a year, as well as two key executives, will now face scrutiny from its remaining global clients over the corruption-related arrest of its CEO in Brazil.
BofA Merrill: Investors regained risk appetite in October
With growth and inflation expectations notably higher after new US payroll data, investors have cut cash holdings and increased exposure to equities, real estate and alternative investments. Confidence in the global economy also rebounded, up 22 percentage points from October.
Credit Suisse appoints new LatAm wealth management head
In October, Credit Suisse announced it would close its domestic US private bank as part of wider plans to slim down the business and increase their presence in markets like Latin America and Asia. The Latin American unit will be led by Ignacio Martos.
Chilean AFP portfolios reflect optimism on Europe and Japan
The AFPs made new investments worth USD 1.8 billion into European equity and USD 966 million to Japanese equity in the August-October period. The shift has helped move funds from Julius Baer, Henderson and Deutsche into the top-10 list of Chilean AFP holdings.
Rumors swirl in Chile over possible Aberdeen-BTG breakup
As BTG attempts to rebuild its global-fund distribution team, it faces the defection of not only Columbia Threadneedle but also Aberdeen, which at one time had gathered nearly USD 6 billion from Chilean AFPs.
Azimut sets up Chilean distribution arm backed by European fund offering
Azimut, headed by Alejandro Citterio in Chile, arrives precisely at a time when institutionals are increasing their positions in Europe and looking for opportunities in different sectors and asset classes. A look at AZ Andes' Latin American distribution strategy.
BlackRock lowers fees, broadens range of iShares Core suite
Ruth Weiss, head of the US iShares product team at BlackRock said the enhancements will provide investors with broader and more diversified exposures at competitive prices. Expense ratios have been reduced to as little as 0.03%.
Credicorp looks for passive manager to complete its already diverse offering
Ignacio Montes explained to Fund Pro Latin America the strategy behind working with global firms such as Partners Group, Apax Partners, ICG, Colony Capital, Madison Dearborn Partners, Grosvenor Capital, Candriam, Allianz , TCW, MetWest, and Highland Capital.