Stacy Steimel, managing director, portfolio manager, and head of Latin America Equities, said her firm currently has a preference for the secondaries market, focusing on smaller transactions, as well as private credit.
Cristóbal Monje, ex BlackRock exec, joins Fidelity in Chile
November 19, 2014 by
Monje is one of the first hires following Fidelity's touchdown in Santiago, from where it will be seeking to widen the scope of its institutional business in the region.
Barclays announces changes to its benchmark fixed-income indices
November 12, 2014 by
The changes impacted Barclays' Emerging Markets, Global Aggregate, US MBS and Inflation-Linked indices.
Chilean firms Falcom and Larrain launch Lux fund targeting Mexican fixed income
October 27, 2014 by
The two firms are partnering to launch a Mexican fixed-income fund, Larrain Vial Falcom Mexican Fixed Income Fund. This strategy is a novelty among Luxembourg-domiciled SICAVs, and will give investors in Latin America, Europe and Asia a new way to gain exposure to Mexico.
Compass Group expands real-estate portfolio with USD 86-million placement
October 22, 2014 by
The firm's launch of an USD 86 million real-estate fund in Uruguay joins existing products investing in Peru and Mexico.
Fidelity’s Latam expert takes charge of new emerging-market fund
October 10, 2014 by
The Luxembourg-domiciled Fidelity Funds – Emerging Market Focus fund was formally launched on September 29. Alex Duffy was named portfolio manager.
Unicredit considers sale of Pioneer Investments to Santander
September 30, 2014 by
The potential deal would see Santander Asset Management and Pioneer Investments merged into an entity which would have around USD 440 billion in assets under management.
Bill Gross quits PIMCO to join Janus Capital
September 30, 2014 by
Gross's first day on the job at Janus was Sept. 29. He will begin managing the Janus Global Unconstrained Bond fund and related strategies beginning October 6, Janus said.
Chilean and Colombian flows help Allfunds Bank double its business in 18 months
September 19, 2014 by
Carlos Felipe Stozitzky, (photo) regional manager at Latam Allfunds Bank, said the company has signed contracts with 22 Chilean fund managers, who in general are having a great year in terms of new flows.
State Street launches smart-beta SPDRs for Mexico, Korea and Taiwan
September 19, 2014 by
These ETFs, which add to the existing nine multi-factor SPDR MSCI Quality Mix ETFs launched in June 2014, purport to provide quality, value and low volatility, with the objective of giving investors improved risk-adjusted return potential when investing in single-country markets. They began trading on the NYSE Arca on September 18.
