Seigal was hired to help grow the group's offshore platform and is taking over from José Salazar. He will work alongside Kevin McCarty, Morgan Stanley's Miami complex manager.
Fitch cites Brazil’s ‘deterioration’ in lowering of BTG Pactual’s rating outlook
August 16, 2015 by
The downgraded outlook reflects a change in Fitch's view on BTG's acquisition of BSI, a private bank headquartered in Switzerland, due to the significant deterioration in Brazil's operating environment.
Aberdeen continues US expansion with Arden buy
August 16, 2015 by
"Institutional investors are looking to hedge fund solutions to offer risk-return profiles not available via mainstream strategies and traditional asset classes," said Aberdeen's chief executive officer, Martin Gilbert.
Merrill sets USD 2.5 million as minimum for new Latin accounts
August 16, 2015 by
Investors residing in some countries - including Venezuela and Argentina - will need to have at least USD 5 million to open an account.
Henderson appoints new US offshore sales manager for Miami
August 6, 2015 by
Maria Eugenia Córdova joins Henderson after spending roughly two years each in sales posts at Aberdeen Asset Management and Franklin Templeton in South Florida.
Latin American Pension Fund Investments in Cross-Border Securities – May 2015
July 31, 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 2008 through 2014, and as of May 31, 2015.
BofA Merrill survey: Investors hoard cash as confidence in China wanes
July 28, 2015 by
“Rising risk aversion and stretched cash levels provide a contrarian buy signal for risk assets in Q3,” said Michael Hartnett, chief investment strategist at BofA Merrill Lynch Global Research.
Strong VC performance drives jump in State Street’s GX Private Equity Index
July 24, 2015 by
Venture capital was the best performing private equity strategy with a return of 3.87% in the quarter. However, Will Kinlaw, head of State Street Associates, warned that fund distributions are outpacing capital draws over the last 33 months. Limited partners may be at a loss on whether to reinvest these assets in private equity.
Ileana Salas to head global institutional sales at Santander AM
July 15, 2015 by
Salas will help build relationships with sovereign wealth funds, pension plans, investment consultants, corporates, insurers, wholesale clients and family offices.
Mark Mobius to step aside as lead manager of Templeton Emerging Markets trust
July 15, 2015 by
His replacement, Carlos Hardenberg, who has been part of Templeton's emerging markets team for 13 years, will relocate to London as part of the reorganization, effective October 1.
