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.
Brandes switches benchmarks to MSCI
June 18, 2014 by
Brandes has selected the MSCI Wold Mid Cap Index and the MSCI EAFE Mid Cap Index as benchmarks for the Brandes International Mid Cap Equity strategy and the Brandes Global Mid Cap Equity strategy.
State Street expands advanced beta ETF offering by using MSCI Factor Indices
June 16, 2014 by
The new SPDR MSCI Quality Mix ETFs use multi-factor strategies constructed by combining three MSCI Factor Indices with different risk-return profiles and correlations. The concept of multi-factor holds appeal with most investors as an opportunity to manage risk through combined factor tilts and to enhance the resilience of their portfolios through strategic exposure.
Deborah Hazell named new Latam chief at HSBC Global Asset Mgt.
June 16, 2014 by
Hazell (photo) will oversee HSBC Global Asset Management's operations in Brazil, Mexico and Argentina, in addition to the USA and Canada.
Bradesco launches Lux-domiciled Latin American bond fund
June 11, 2014 by
The Latin American Hard Currency Bond Fund will invest primarily in investment-grade corporate and sovereign bonds. The goal is to raise USD 100 million among investors in Europe.
Santiago Zarauza is the new head of Latam distribution at HMC Capital
June 11, 2014 by
Zarauza joins the firm, which has raised close to USD 1 billion in Chile for global managers, after a successful period with JP Morgan Funds.
Henderson places wholesaler in Uruguay
June 6, 2014 by
Henderson said that John Philip Davies will be based in Montevideo to work with leading private banks and wealth managers, as part of the firm's effort to better serve clients and intermediaries.
Invesco hard-closes Japan star’s blockbuster fund
June 6, 2014 by
The fund, popular with Latin pension managers, returned 67.4% over the three years ending April 2014, vs. an average peer-group return of 41.9% in Japanese yen terms.
