Private-banking services for Argentines have largely been relegated to Uruguay since the early 2000s, when Argentina defaulted on its debt and the banking system collapsed.
UBS report reveals soaring investor optimism overall in early 2017
"Investors are more willing to move cash off the sidelines and increase investments, while business owners are set to increase capital spending and hiring," said Paula Polito, client strategy officer of UBS Wealth Management Americas.
BlackRock Study: Institutional investors to put cash to work in 2017
"Reflation is set to take root this year and could well be the final prompt that institutions have needed to rethink their cash allocations and views on risk," said Edwin Conway, global head of the institutional client business at BlackRock.
BNY Mellon expands role of Iberian head Evers to include Latam
Antonio Salvador Nasur will continue in his regional role based in Santiago, Chile, reporting directly to Sasha Evers, who is based in Madrid.
Northern Trust strengthens South Florida wealth management team
Northern Trust has promoted Rick Fernandez to managing director of one of its Miami wealth advisory teams, and has hired Xavier Martinez as senior portfolio manager within that team.
Latin American Pension Fund Investments in Cross-Border Securities – November 2016
Chart comparing levels of pension fund system investments in international mutual funds and other international securities. Data from Chile, Colombia, Mexico and Peru. Data broken out by instrument, Year-end totals from December 2011 through 2015, and as of November 30, 2016.
Snowden Lane adds ex-Wells international advisors
David Lautz and Francisco Malfavon have joined Snowden Lane's San Diego office. They are the forming the LEM Group, and bring USD 125 million in client assets, increasing Snowden Lane’s asset base to over USD 3 billion.
Evans leaves Investec to take Oppenheimer post
Tom Evans told Fund Pro Latin America that his role and coverage territory at Oppenheimer will be similar to that of Investec, specifically the US offshore business covering New York, Texas, California and Toronto.
Becon Investment Management to help global brands gather assets in Latam intermediary channel
Three deeply experienced sales executives have formed Becon Investment, which primarily seeks to represent third-party fund managers in the intricate, relationship-dependent US Offshore and Latam Offshore market.
Natixis survey: Volatile market environment prompting more active investing
“Unprecedented economic and political forces around the world are the top concern for institutions in 2017,” said John Hailer, CEO of Natixis Global Asset Management for the Americas and Asia and head of global distribution.