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
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
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
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.
Deutsche study shows investor demand fueling dramatic growth of ‘liquid alternative’ investments
Liquid alternative investments like hedge funds are now the fastest growing part of the asset management industry. Alternative UCITS assets have grown over 40% annually since 2008, whilst the hedge fund industry has grown 13% and the wider European UCITS industry only 2%. Alternative mutual funds have grown by 38% annually during this period, compared to 9% for US mutual fund industry.
Falcom, newest distributor to AFPs with Oddo offering, seeks other niche vehicles
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.
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.










