The Italian group is selling its Swiss private banking unit as part of a plan to focus on its asset management arm, Generali Investments Europe.
Mora Investments unveils Latin American bond fund
The fund, formally known as the Mora Funds SICAV Latam Bond Fund, is the Andorra-based company's latest addition to its Luxembourg-domiciled fund range.
Market Vectors: Institutions return to EMD; retail investors still fearful
Fran Rodilosso, fixed income portfolio manager for Market Vectors ETFs, noted that there is evidence that some institutional asset managers, including asset allocation strategists, pension funds, and foreign fund managers, are now increasing exposure to emerging markets in various ways.
Larrain Vial selects Raptor Trading for global order routing to MILA markets
“Adding Raptor to our points of entry allows us to expand our regional offering, providing convenience for clients trading the MILA Markets, " said Claudio Larrain, managing partner of Larrain Vial.
Federated Investors embarks on regional distribution effort with backing of RJ Delta
The firm now has six funds registered with the CCR and new registrations are projected, in the framework of a regional distribution rollout undertaken by the United States' seventh-largest fund manager.
F&C Asset Management now in hands of Bank of Montreal fund unit
According to Latin Asset Management, F&C had USD 246 million in assets under management from Chilean institutional investors (mostly AFPs and mutual fund managers) at the end of March 2014.
Schroders hires Deutsche Bank’s EMD research chief
Parisien, the former head of Deutsche Bank's EMD research and strategy unit, will focus on emerging-market corporates.
BlackRock beefs up EMD research with hiring of HSBC’s Goldberg
In his new role, Goldberg (photo) will help drive emerging markets debt research, oversee investment strategy ideas and also serve as a member of BlackRock’s investment committee.
Swiss & Global bond chief finds Brazil relatively cheap
Swiss & Global Asset Management's head of fixed income has built up exposure to local-currency emerging-markets debt in Brazil and Indonesia and says the sector now looks very cheap compared to high-yield emerging market debt.
RBC says it will exit Chile and maintain long-distance relationships with Latin clients
In a move that seems prescient in retrospect, RBC was one of the few global firms that seemed eager to attack Latin America when most global firms seemed crippled by the 2008 recession and the losses racked up when the real-estate bubble burst and commodities prices sank. For some years, it stood nearly alone, adding resources and arguably was among the entities that most capitalized on the boom in wealth generation in Latin America.