One source said that Baer could pay up to USD2 billion for the unit, which manages some USD90 billion for clients in Europe, Latin America, the Middle East and Asia.
State Street buys GSAS
July 18, 2013 by
State Street, said that it has agreed to pay USD550 million to buy Goldman Sachs Administration Services as it looks to become the leading global administrator of hedge funds.
Saxo Bank opens office in Uruguay for private investors
February 27, 2013 by
Saxo Capital Markets Agente de Valores is intended to bring the bank closer to its customers in the region and offer a service that is adapted to the needs of Latin American investors.
Pioneer appoints Bailie to head Western Europe and Latin America
January 15, 2013 by
He will join the firm in April and will report to Sandro Pierri, chief executive officer.
BlackRock to buy Credit Suisse ETF arm
January 11, 2013 by
Upon completion of the deal iShares – BlackRock’s ETF arm – will run 264 ETFs with USD157.6 billion.
Credit Suisse to sell European ETF business
October 22, 2012 by
Credit Suisse Group has put its USD17.2 billion European exchange-traded fund business up for sale.
VelocityShares names a head of Latam sales
June 6, 2012 by
VelocityShares has appointed Daniel Saieh as managing director and head of Latin American sales.
Latin American Pension Fund Investments in International Securities – June 2013
August 28, 2013 by
Chart comparing levels of pension fund system investments in international mutual funds and other international securities. Data from Argentina, Chile, Colombia, Mexico and Peru. Data broken out by instrument. Year-end totals from December 2008 through 2012, previous month results and as of June 30, 2013.
Mercer plans to expand investment consulting in Chile and Mexico
May 10, 2013 by
The firm’s Latin American operations are currently centralized in Brazil, however they expect to grow in the rest of the region, with institutional clients and sovereign funds.
