Ruth Weiss, head of the US iShares product team at BlackRock said the enhancements will provide investors with broader and more diversified exposures at competitive prices. Expense ratios have been reduced to as little as 0.03%.
Credicorp looks for passive manager to complete its already diverse offering
November 4, 2015 by
Ignacio Montes explained to Fund Pro Latin America the strategy behind working with global firms such as Partners Group, Apax Partners, ICG, Colony Capital, Madison Dearborn Partners, Grosvenor Capital, Candriam, Allianz , TCW, MetWest, and Highland Capital.
Latin America pummelled by Deutsche Bank consolidation
November 4, 2015 by
It remanins unclear what will become of Deutsche's custody businesses in Argentina and Mexico, where it serves as custodian for locally-traded instruments such as funds, ETFs and securities.
BlackRock swallows up Bank of America’s USD 87 billion money-market business
November 4, 2015 by
"Combining our business together with Bank of America assets and distribution puts us in a unique competitive position," said Tom Callahan, co-head of global cash management at BlackRock.
Columbia Threadneedle preps Andean distribution hub in Santiago
November 3, 2015 by
Columbia Threadneedle will have a proprietary distribution presence in Santiago, Chile in early 2016, according to Joseph Sweigart, senior institutional sales director for Latin America for the firm's institutional distribution business.
Latin American Pension Fund Investments in Cross-Border Securities – August 2015
November 2, 2015 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 2010 through 2015, and as of August 31, 2015.
Pioneer’s Euroland Equity fund re-opens for new investment
November 2, 2015 by
According to Fund Pro Latin America, as of Sept. 30, Chilean pension fund managers (AFPs) and mutual fund managers (AGFs) had USD 15.2 million invested in fund, which is designed to build a high-conviction portfolio focusing on "superior investment ideas" within the Eurozone universe.
Highland Capital signs Andean distribution deal with Credicorp
October 23, 2015 by
The products of Highland, whose president is James Dondero, will provide AFPs and other institutions an alternative to high-yield funds, with a focus on senior bank loans in the US and floating-rate debt.
AXA to build out a dedicated client-service structure in Mexico
October 22, 2015 by
Aymerich's new role will involve managing client on-boarding and reporting, implementing key regulatory policies and procedures, and building out a dedicated client-service structure in Mexico.
BofA Merrill: Managers increasingly doubtful of 2015 rate hike
October 22, 2015 by
“As investors debate the timing of a rate hike, they should be anticipating a massive policy shift in the US, Europe and Japan from QE to fiscal stimulus in 2016,” said Michael Hartnett.
