One of the favorite asset classes of JP Morgan's Pierre-Yves Bareau (photo) is Brazilian inflation-linked bonds, which he said are benefiting from high real rates while breakevens are very low.
PineBridge strengthens team in Santiago with new hire
July 25, 2014 by
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
July 16, 2014 by
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
July 16, 2014 by
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
July 11, 2014 by
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
July 11, 2014 by
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
July 11, 2014 by
The former director of research and chief economist at the Central Bank of Chile will oversee the Andean region for the Brazilian-based firm.
Aberdeen appoints Americas co-heads
June 27, 2014 by
With the Scottish Widows acquisition behind it, Aberdeen has restaffed the command structure for Latin America. Aberdeen alum Bev Hendry has returned to the company, and Andrew Smith has been promoted. Both will work from the Philadelphia offices of Aberdeen.
Santander sells off half of its Latin custody business
June 20, 2014 by
A group led by Warburg Pincus that includes the Singaporean Temasek will acquire a 50% stake in Santander’s custody business in Spain, Mexico and Brazil. The transaction is expected to close in the fourth quarter of 2014.
MSCI launches suite of factor indexes for Latin America
June 18, 2014 by
MSCI launched the new factor indexes to meet increased demand for indexes generally in Latin America, and also to address the global trend toward factor investing, said Diana Tidd (photo), managing director.
