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.
Vontobel Wealth Management adds staff to target wealthy clients in Mexico and Brazil
Ex-Security bigs launch AGF and third-party-fund distributor
The new firm, known as Singular, will distribute OakTree funds and launch two new ETFs. Luis Fernando Pérez, former head of distribution at Inversiones Security, is among the partners.
Natixis fills recently vacated sales post for Colombia, Peru and Panama
Natixis hired Bogotá-based BNP veteran Lucas Pérez, replacing sales manager Daniel Arias Kluge, who moved to Miami to join Pimco. Pérez reports to Jose Luis León.
Uruguay’s Criteria to distribute Prestige Funds in Southern Cone
The agreement with the UK alts firm responds to what Criteria's William Reekstin views as strong appetite for "investment opportunities in the real economy with low correlation to the public financial markets."
BlackRock: Global institutions shifting from public to private risk
“As the economic cycle turns, we believe that private markets can help clients navigate this more challenging environment,” said BlackRock's Edwin Conway.
Wells Fargo: US investors want Fed to halt rate hikes
”Our current outlook is for three additional rate hikes over next year before the Fed ends its current rate hike cycle,” said Wells's Brian Rehling.
Natixis Outlook: Institutions prepped for increased volatility, end to bull market
“Our research shows institutional investors are already positioned for the potential market turbulence on the horizon,” said Natixis's David Giunta.
Latin American Pension Fund Investments in Cross-Border Securities – October 2018
Chart comparing levels of pension fund system investments in international mutual funds and other international securities. Data from Chile, Colombia, Costa Rica, Mexico and Peru. Data broken out by instrument, Year-end totals from December 2013 through 2017, and as of October 31, 2018.
BTG Pactual expects to raise USD 150 million in Latin America with Mobius funds
The Latin firm is deep into partnership negotiations with two more managers, one European and the other American, BTG's Caio Mantovani, head of third-party distribution in Brazil, told Fund Pro Latin America.
Beyond the bear: BofA Merrill sees record-high earnings for S&P 500 in 2019
“The current weakness in the markets is not a reflection of poor fundamentals. Rather, it’s caused by a confluence of idiosyncratic shocks,” said BofA Merrill’s Candace Browning.