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.
JP Morgan institutional head charts diversification strategy by country and client
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.
PineBridge strengthens team in Santiago with new hire
With the new addition of Adrien Grynblat, PineBridge hopes to develop its presence in the region, in the distribution of mutual funds and alternative investments.
Sweigart tapped to lead Threadneedle’s and Columbia’s institutional expansion in Latin America
Joseph Sweigart (photo), who comandeered JP Morgan Asset Management's successful incursion into Latin America in the 2000s, has been named senior institutional sales director of Columbia Mananagement and Threadneedle Investments, which are both units of US-based Ameriprise Financial.
Franklin Templeton soft-closes EUR 3 billion European Growth fund
The firm said it was taking a prudent step to slow the growth of assets in this strategy, to "protect the integrity of our investment approach and our ability to add value for our shareholders."
EDM prepares for landing in Latin America
Eusebio Díaz-Morera (pictured), said EDM's presence in Chile is closely linked with Larrain Vial Asset Management, which has contracted EDM for subadvisory of its Chilean-domiciled European mutual fund, whose portfolio is mirror of an EDM Sicav fund.
Brazil’s XP Securities opens office in Miami
XP Securities has opened a Miami branch at 701 Brickell Ave. with about 15 employees relocated from its New York office. It plans to employ 100 people in Miami in about a year, a news release said.
Chief economist at Chilean Central Bank jumps to BTG Pactual
The former director of research and chief economist at the Central Bank of Chile will oversee the Andean region for the Brazilian-based firm.