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
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
“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.
AXA beefs up staffing for Americas offshore business
The firm hired Rafael Tovar (photo) as director of US offshore distribution and transferred from Spain Leticia Aymerich, naming her head of customer service for the Americas region. Both are based in Greenwich, Connecticut.
JP Morgan names Thomson to new post overseeing global institutional business
Patrick Thomson retains his existing role as global head of sovereign clients, and now leads the firm’s institutional sales efforts for international clients, including Latin American pension funds and insurance companies.
Latin American Pension Fund Investments in Cross-Border Securities – July 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 July 31, 2015.
Goldman Sachs gets in the ETF game with launch of US Large Cap vehicle
"Our clients asked us to apply our investment expertise to exchange-traded funds," said Michael Crinieri, GSAM's global head of ETF strategies. “We believe ActiveBeta ETFs create solutions for them and capitalize on our global reach and deep knowledge of the markets.”
Matthews gains long-term stability as Mizuho Financial buys 16% stake in Asia specialist firm
"Mizuho’s investment will help ensure continued long-term stability of ownership while retaining our independence," said William Hackett, chief executive officer of Matthews Asia. Mizuho, headquartered in Tokyo, is Japan's second largest financial-services group, with assets in excess of USD 1.6 trillion.
League Table – Assets Gathered by Latin American Mutual Fund Managers – June 2015
This league table provides a ranking of Latin American Mutual Fund Managers, domiciled in Argentina, Brazil, Chile, Colombia, Mexico and Peru, by AUM. It also includes annual growth/loss and percentage change . Data as of June 30, 2015.
Companies mentioned in this report: Banco do Brasil; Itaú; Bradesco; Caixa Econômica Federal; Santander; BTG Pactual; HSBC; Citigroup; BBVA; Credit Suisse; Safra Asset Mgt.; Votorantim; JP Morgan; Legg Mason; BNY Mellon AM; Grupo Sura; Banchile; BNP Paribas; Scotia; Banorte - Ixe; Inbursa; Vinci Partners; Opportunity; Sul America Investimentos; Actinver; Intrag; BRL Trust; Bci; BCP; Quantitas; Morgan Stanley; BW; GPS - CFO; JGP; Icatu; SPX; Porto Seguro; Pátria; GBM; Integral Investimentos; GAP Prudential; Banrisul; Plural Capital; Principal; Grupo Aval; Security; Mapfre; Riviera; LarrainVial; Bice; Oliveira Trust ; BancoEstado; Alfa; Nafinsa; Pragma; Davivienda; BNB; Dynamo; Kinea; Kondor; Planner; Modal; Merrill Lynch; Schroders; Petra; Geracao Futuro; Solidus; Alianza; Everest; Reliance; Interacciones; CorpBanca; Consenso; Ibiuna; Global Equity / Global Capital; Banco Clássico; UBS; Peninsula; Fator; Franklin Templeton; Gerval; Phronesis Investimentos; Polo Capital; BBM; Ventor; Valmex; Vector; Mercatto; Claritas; Pellegrini; BRZ; Perfin; Ipanema; Advisor; Fiducor; Quest; Galicia Adm. de Fondos; Squadra Investimentos; Tarpon; Lorinvest.











