JPM ascends US Offshore vet to bolster coverage

John Oestreicher, client advisor for the US Offshore business, is taking on additional responsibility to serve as national sales manager for US Offshore.

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Amundi nears deal to buy rival Lyxor for EUR 825 million

Acquisition strengthens Paris-based asset manager’s position in fast-growing European ETF industry.

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Exclusive: Franklin Templeton ends Andean distribution partnership with Vision

Arturo Alegria said Vision maintains relationships with AllianceBernstein and Altment Capital, in addition to the alternatives boutiques Cheyne and Lansdowne.

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Santander PB to acquire USD 4.3b Miami wealth biz of Indosuez

"We want to keep growing our business – especially in geographies where we see major commercial potential like the US," said Santander's Víctor Matarranz.

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JPM broadens Latam reach, adding iShares exec and three new ETFs

JP Morgan brought on Carlos Brito, who had led ETF distribution for BlackRock's iShares unit in Mexico for the last four years.

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Andean AFPs hope improving economies will negate need for further withdrawals

A third withdrawal in Chile or in Peru does not have sufficient support at this time but, once the economic effect of the previous withdrawals is over, the situation could change.

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Lexington Partners opens São Paulo office, expanding presence in Latin America

"We are pleased to establish a local base in Brazil from which to engage directly with investors and high-quality managers," said Lexington's Jose Sosa del Valle.

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Wells to exit international wealth business before end of 2021

The decision to leave markets in Asia and Latin America reflects regulatory and other constraints facing Wells in the wake of its fake account scandals that have cost it billions of dollars.

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Deal with Aiva boosts Allianz’s distribution into Argentina, Uruguay and Paraguay

"Now more than ever, we are concentrated on broadening our distribution partners and prioritizing proximity," said Allianz GI's Alberto D’Avenia.

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Picton takes over institutional distribution duties for Federated Hermes

Picton will focus on positioning Federated Hermes’ investment capabilities and services in the Latin American pension sector and with other institutions.

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