Cross-border fund AUM in the retail segments of the US (US Offshore), the Caribbean and Latin America fell 11% in the fourth quarter of 2018, based on consortium data provided to Strategic Insight and analyzed by Latin Asset Management.
Julius Baer names UBS Mexico alum to coordinate Latam investment solutions
April 7, 2019 by
Polidura will operate from the Zurich offices of Julius Baer, which recently reinforced its activities in Mexico by increasing its global share in NSC Asesores to 70%.
PGIM Real Estate global outlook: Striking the right portfolio balance late in the cycle
July 29, 2019 by
“The challenge for investors in the current environment is striking the right balance between taking on risk to capitalize on late-cycle growth opportunities and investing in strategies that offer greater downside protection,” said PGIM's Peter Hayes.
Wells Fargo/Gallup study: Investor optimism fell 18 points from a year ago
July 26, 2019 by
"While we do not see a recession in the near term, in many ways we are still recovering from the last one — which left a deep scar on many investors," says Wells Fargo's Tracie McMillion.
BlackRock’s alternatives group brings solutions-based approach to Latam market
July 25, 2019 by
With USD 184 billion in alternatives AUM, BlackRock aims to bring a local focus to alternatives offerings in Latin America, positioning itself as a provider of solutions for a growing number of clients, says New York-based Roque Calleja.
Credit Suisse’s InvestLab platform merged into Allfunds
July 29, 2019 by
Closing of the transfer of Credit Suisse InvestLab to Allfunds is expected in Q3 2019. Subsequent transfer of the related distribution agreements by Credit Suisse is expected to be completed in Q1 2020.
AMCS Group to handle AXA’s retail distribution in Argentina/Uruguay and the Andes
July 1, 2019 by
"Partnering with AMCS provides an ideal platform to bring our market-leading, innovative solutions to advisors and investors in these countries," said AXA's Rafael Tovar.
JPM names Brussa to offshore sales team, covering Texas, San Diego and Arizona
February 28, 2019 by
Carlos Brussa has joined the sales team of JP Morgan Asset Management, and will be charged with distributing the manager's UCITS mutual funds and ETFs to wealth management intermediaries, Fund Pro Latin America has confirmed.
Natixis: Equities accounted for 2/3 of 2018 losses after driving 2017 gains
February 27, 2019 by
Moderate-risk portfolios that saw double-digit gains aided by overweight allocations to equities in 2017 suffered grave losses in 2018 due to overexposure to the same asset class, said Natixis's Marina Gross.
Vontobel Wealth Management adds staff to target wealthy clients in Mexico and Brazil
May 22, 2019 by
Vontobel is seeking to hire bankers with Mexican client books for its Zurich office by year-end, according to published reports. But it has not ruled out opening a rep office in Mexico.
