Roberto Salas (photo) told Fund Pro Latin America that distributing global brands to local AFPs is an additional way of generating value, and complements the development of in-house asset management capabilities.
Falcom, newest distributor to AFPs with Oddo offering, seeks other niche vehicles
Aberdeen names business-development head to attack Latam wealth segment
Aberdeen has tapped Luxembourg-based Menno de Vreeze to oversee its New-York and South-Florida-based offshore wholesaling teams.
Mercer, seeking to boost regional growth, appoints Latam leader
Eduardo Ragasol, who will be based in Brazil, was previously the president and general manager in Brazil for Nielsen, the global information and measurement company.
Market experts predict shift to alternative funds as traditional yields shrink
Pressure on AFPs to deliver decent-sized pensions will lead to greater investment in this category, especially considering the narrow yields of regional fixed-income and the volatility of global equity markets.
Partners Group plants flag in Houston to focus on private energy plays in US and Latam
The firm said the opening underscores its interest in the US energy sector and shows that it remains positive on Latin America, "despite recent negative investor sentiment surrounding emerging markets."
SLV pricing source changes following suspension of London Silver Fix
The pricing source of the iShares Silver Trust (SLV), which aims to replicate the performance of the price of silver, was changed Aug. 15 to the “London Silver Price,” and will be administered by CME Group Inc. and Thomson Reuters. The ETF is popular among Latin institutions.
Deutsche retires DWS brand in Americas, renames retail product suite
The change affects all open-end funds, closed-end funds, the variable insurance portfolios, and exchange-traded funds.
JP Morgan institutional head charts diversification strategy by country and client
Juan Pablo Soffia told Fund Pro Latin America that the firm seeks to replicate its results with Chilean pension funds in Peru and Colombia, while also expanding the client base to other institutions, such as mutual fund managers and private banks in the three countries.
Legg Mason announces deal for Martin Currie
The addition of Martin Currie is designed to expand Legg Mason’s capabilities in active equities, with the inclusion of the firm’s global equity, global emerging markets, Asian equity, European equity, Japan and China equity funds.
Deutsche A&WM hires Wilczewski to lead institutional coverage in the Americas
Wilczewski will focus on serving institutional investors, overseeing client coverage and distribution in the Americas. He was most recently head of advisory solutions at AON Hewitt.