Ignacio Calle Cuartas, current vice president of corporate finance at SURA Group, will replace Andrés Castro as CEO of the company as of May 1, 2016.
Deutsche: global investors still look to hedge funds, and many plan to increase positions in 2016
Ashley Wilson, who co-authored Deutsche's 14th annual Alternative Investment Survey, noted that investors remained positive about the asset class "despite a challenging year for global financial markets and for hedge funds."
To raise cash, BTG ponders sale of Swiss bank to EFG
EFG, the Swiss private bank controlled by billionaire Spiro Latsis and his family, would double its assets under management should the sale go through.
Santander unveils Spanish fund lineup to Andean AFPs
With Lázaro de Lázaro, CEO of Santander Asset Management España in tow, the manager took a roadshow to Chile, Peru and Colombia, talking up its recently approved Spanish fund lineup and emphasizing the importance of diversifying portfolios to Europe.
Old Mutual sells fixed-income group Rogge to Allianz Global Investors
The transaction would strengthen the fixed-income business of Allianz Global Investors, while giving Rogge Global Partners larger distribution of its products. The transaction, which involved an undisclosed sum, is expected to complete in the second quarter of 2016.
Franklin shuffles staffing as bond veteran plans exit
Takaha recently had been overseeing roughly USD 20 billion across UCITS-compliant and US-only funds. His attention was increasingly on the Franklin Strategic Income fund, which has a USD 7.4 billion US version and USD 1.5 billion in its Luxembourg-domiciled fund.
Latin American Pension Fund Investments in Cross-Border Securities – November 2015
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 2010 through 2015, and as of November 30, 2015.
Itaú shopping for private-banking operations in Argentina and Mexico
Argentina and Mexico are the markets Itaú is considering for expansion, according to Ricardo Villela Marino, executive vice president and board member of the Brazilian behemoth.
Ex-Pinebridge manager Rafael Mendoza takes charge of Investec’s GSF Latin American Equity fund
Compass Group's Carina Güerisoli, who previously ran the fund, will continue to run Investec's Latin American Smaller Companies fund.
Man GLG hires emerging-market-debt pro for US discretionary team
Guillermo Ossés brings a 24-year resume to GLG, following previous positions with HSBC, Pimco, Barclays and Deutsche.