The study found that Latin American investor sentiment is on the decline, with an 11% drop in optimism, from 93% in 2014 to 82% in 2015. Brazil had the largest decline in investor optimism for reaching their financial goals, with a 19% drop to 71% compared to last year at 90%.
Templeton Global Investor Sentiment Survey: Optimism dominates – except among Latin Americans
Aberdeen deepens global alternatives presence with purchase of US-based boutique
Aberdeen CEO Martin Gilbert (photo) said the purchase "strengthens further our private-market capability by bringing additional Asian expertise and new US resources." The acquisition enhances its multi-manager coverage of hedge funds, property- and private-market allocations, infrastructure and pan-alternative products.
Matthews Asia closes Pacific Tiger fund to new investors
The fund, which has raised USD 700 million from Latin American institutional investors, has been closed to new investors in order to "preserve the composition of the fund’s portfolio and continue to manage the fund in a manner consistent with its investment objectives," Matthews said.
BlackRock outlines South American product and distribution strategy under new director
In a wide-ranging interview with Fund Pro Latin America, BlackRock's South American head, Javier García Riesco, described the firm's multi-pronged effort to broaden its product base and compete aggressively in all client segments.
Fidelity survey: Portfolio management and international surge as top advisor concerns
"Advisors are trying to leverage multiple asset classes to strike a balance between risk and reward," said Scott E. Couto, president, Fidelity Financial Advisor Solutions.
UBS advisors in the Americas can now access Mercer’s global manager research and analytics
The relationship will provide the investment management research team within UBS Financial Services with access to Mercer's 9,000 manager-research opinions and performance analytics.
PIMCO hires Ben Bernanke as senior adviser
Bernanke, who stepped down from the Fed in 2014, will add his economic insights to the firm’s investment process.
Duffy steps down as manager of Fidelity Latin America fund
Oversight of the fund, in which Chilean AFPs invest USD 285 million, has been handed off to co-manager Angel Ortiz. Duffy (pictured) will now manage Fidelity's Emerging Market Focus fund, which was launched for him in September 2014.
Natixis Global to wholesale via Montevideo, heart of wealth management in Southern Cone
Sophie del Campo, general manager of Iberia and head of Latin America for Natixis Global, said the new office "reflects our strong commitment to the local and regional markets and our continued commitment to Latin America.”
Name change to NN Investment Partners doesn’t alter ING model in region
"We are now NN Investment Partners, but we are still the same people with the same commitment, the same strategies and the same investment philosophy," said Jaime Rodríguez Pato, CEO of NN Investment Partners Iberia & Latin America.