Andrés de Goyeneche joins BlackRock after having led Deutsche Bank Chile as its general manager. He now forms part of a Latin American and Iberian team that includes 130 investment professionals, of which 13 are based in Chile, Perú and Uruguay.
Latin American Pension Fund Investments in Cross-Border Securities – September 2016
November 24, 2016 by
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 September 30, 2016.
Santander buys back asset management unit, eyes Allfunds sale
November 21, 2016 by
The Spanish bank is clawing back the 50% stake in Santander Asset Management it sold to Warburg Pincus and General Atlantic for EUR 2 billion in 2013. It manages EUR 170 billion in client assets.
BTG Pactual chairman Arida quits; Kalim named to replace him
November 21, 2016 by
Persio Arida, who became BTG's chairman only in December last year, will be replaced by Roberto Kalim, currently BTG Pactual’s co-chief executive officer, according to a securities filing.
SSGA: Current environment favors sectors over style for investment advisors
November 21, 2016 by
“The 'lower for longer' return environment has many investment professionals taking a more precise approach to asset allocation, which favors sectors and industries over style-based investing,” said Nick Good, co-head of the Global SPDR business at State Street Global Advisors
MFS sentiment study: investors confident in active management
November 18, 2016 by
MFS's Carol Geremia notes that a current strong bias toward active management should continue, especially with many investors worried about increased market volatility in coming years.
Credicorp Capital picks up distribution of Rogge funds
November 17, 2016 by
Credicorp's Ignacio Montes said incorporation of the Rogge products came about as a direct result of its acquisition by Allianz, since the German firm already has a distribution agreement Credicorp.
Lombard International appoints ex-UBS wealth boss as head of Latin America
November 17, 2016 by
Andreas Meier joins Lombard International from UBS Deutschland AG, where he was head of wealth management for Latin America. In this newly created role, he will be based in Luxembourg and will report to Axel Hörger, CEO Europe.
EFG International taps ex-Citi Latam director to head Americas team
November 14, 2016 by
Marcelo Coscarelli had been managing director for wealthy and HNW clients at Citibank Latin America. From 2008 through 2012, he was COO at Itaú Private Bank International in Miami.
State Street inks distribution deal with Credicorp Capital
November 14, 2016 by
In commenting on the appointment of Peruvian-owned Credicorp Capital as its Andean distributor, SSGA's Nick Good said, “Latin America is a strategically important market to the SPDR business."
