“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
October 1, 2015 by
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
October 1, 2015 by
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
October 1, 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 July 31, 2015.
Barclays recommends investors position for a lower growth environment
October 1, 2015 by
"There is no quick bounce-back coming,” said Ajay Rajadhyaksha, head of macro research at Barclays. He also believes the US dollar will continue to be strong vs. downside for the Euro and other commodity currencies.
Goldman Sachs gets in the ETF game with launch of US Large Cap vehicle
October 1, 2015 by
"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
September 30, 2015 by
"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
September 29, 2015 by
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.
Regional Mutual Fund Managers Industry Statistics – June 2015
September 23, 2015 by
Excel workbook detailing, over various time periods, mutual fund industry asset growth by managers. Data as of June 30, 2015.
Companies mentioned in this report: Pellegrini; Galicia Adm. De Fondo; Schroders; Banco do Brasil; Itaú Unibanco; Bradesco; Banchile; Santander; BCI; BBVA Bancomer; Banamex; Credifondo; BBVA Fondos; Scotia Perú; Interfondo; Bancolombia; Bogotá and others.
BofA Merrill manager survey finds deterioration in global outlook
September 18, 2015 by
"Contrarians will be noting the aggressive underweight positioning in emerging markets,” said Michael Hartnett, chief investment strategist at BofA Merrill Lynch Global Research.
