The survey found that sentiment towards global emerging markets is close to reaching a low and that improvement is in sight. The proportion of global asset allocators underweighting emerging-market equities has risen two percentage points month-on-month to a net 31% – a new record low.
No surprise: Global allocators shift to a “risk-off” position amid geopolitical uncertainty
March 19, 2014 by
Gardener tapped to head up AXA’s newly-formed Institutional Client Group
March 19, 2014 by
Gardener, who was global CIO of Mercer before joining AXA, will lead the development of the firm's offering and approach to institutional clients, including insurance companies, pension funds, and sovereign wealth funds.
BNP to help AXA IM make inroads in Latam wealth space
March 14, 2014 by
Axa IM is keeping up with the growing trend of fund managers seeking to widen their distribution the Latin American region. This step is part of the ongoing efforts of the asset manager - already an important player in the Chilean institutional space - to expand its geographical footprint and break into other business segments.
Deutsche moves senior exec to NY to head Latam asset-management business
March 14, 2014 by
Deutsche Asset & Wealth Management has transferred its head of asset management for Latin America and Spain, Pedro Dañobeitia, to a new post in the Global Client Group, fully dedicated to Latin America.
JP Morgan unveils plans to increase its share in Chile, region
March 11, 2014 by
A new country head will soon take over in Santiago; replacing recently separated employees. In the medium term, the manager plans to register ETFs in Chile, based on a new line of these instruments under development in the United States, while human capital will also be allocated to the Argentine-Uruguayan market.
Natixis appoints director of global key accounts for Latam and US offshore
February 28, 2014 by
Rodrigo Nunez Aguilar was most recently head of funds and advisory sales for Latin America and US offshore at Barclays. He previously served as New York-based executive director for Latin America and US offshore distribution at Morgan Stanley Investment Management.
After banner year, two high-profile departures at JP Morgan’s Chile office
February 28, 2014 by
A series of abrupt personnel movements in recent weeks affecting JP Morgan Asset Management's Latin American distribution team have thrown into doubt just what shape the firm's asset-gathering effort will take in the region going forward. One executive has joined MFS; while the other - who helped the firm double its assets from AFPs in 2013 - is looking to reinsert himself into the market.
Scotiabank adds ex-Mexican regulator Babatz to its board of directors
February 21, 2014 by
Scotia is on the few multinational firms to have made significant investments in the Latin American pension and asset-management space in recent years. It is now well positioned in the Mexican, Colombian and Peruvian pension fund markets, and has a significant banking presence in Chile and Mexico.
MSCI to open Chilean office; studies creation of local ESG index
February 13, 2014 by
The opening of an office in Santiago complements others in Mexico and Brazil, and expands MSCI’s presence to 24 countries globally.
Nuveen centers its Latin American rollout on Chile
February 11, 2014 by
Several funds of Nuveen that have received investments from Latin American clients in general, including Nuveen Santa Barbara Global Dividend Growth Fund, Nuveen Winslow Large Cap Growth Fund y Nuveen Global Infrastructure.
