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
April 24, 2015 by
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
April 24, 2015 by
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
April 24, 2015 by
"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.
Santander Asset Management will be known as Pioneer Investments after pending merger
April 24, 2015 by
Of interest to market observers is how Santander Asset Management's Latin American fund operations will be impacted, considering that these units are attached at the hip to their related retail banking operations, on which the asset manager depends for distribution.
BofA Merrill Lynch survey finds concerns of overvaluation in both equity and bond markets
April 17, 2015 by
The proportion of global investors saying equity markets are overvalued has reached its highest level since 2000. A net 25 percent of respondents to the global survey say that global equities are currently overvalued, up from a net 23% in March and a net 8% in February. This is still, however, short of the record-high level of a net 42% in 1999.
Van Eck sees technology driving big Industry changes
April 17, 2015 by
“We’re seeing a sea change not only in the way investment management services are being delivered to clients, but also in the way investors are sourcing and vetting investment ideas,” said Jan van Eck, CEO of Van Eck Global.
Paulo Sampaio named head of Latin America-Southern Cone for S&P DJI
April 9, 2015 by
Mr. Sampaio will be based out of S&P DJI’s newly opened office in Sao Paolo, Brazil.
A second ex-Sura CIO lands at HMC Itajubá
April 1, 2015 by
Mogrovejo is the second former CIO of a regional Sura-owned pension fund to join HMC Itajubá in the last 24 months. The first was Daniel Dancourt, previously CIO of Integra in Peru. Together, they managed approximately USD 50 billion in Sura pension AUM.
Fitch affirms Sura Asset Management at BBB+
April 1, 2015 by
SUAM's ratings reflect its strong credit profile based on its leading regional franchise, consistent performance, strong operating environment, diversified, stable earnings, sound leverage and debt service ratios, ample expertise and sound risk management, said Fitch.
