According to Latin Asset Management, F&C had USD 246 million in assets under management from Chilean institutional investors (mostly AFPs and mutual fund managers) at the end of March 2014.
Schroders hires Deutsche Bank’s EMD research chief
April 29, 2014 by
Parisien, the former head of Deutsche Bank's EMD research and strategy unit, will focus on emerging-market corporates.
BlackRock beefs up EMD research with hiring of HSBC’s Goldberg
April 29, 2014 by
In his new role, Goldberg (photo) will help drive emerging markets debt research, oversee investment strategy ideas and also serve as a member of BlackRock’s investment committee.
Swiss & Global bond chief finds Brazil relatively cheap
April 29, 2014 by
Swiss & Global Asset Management's head of fixed income has built up exposure to local-currency emerging-markets debt in Brazil and Indonesia and says the sector now looks very cheap compared to high-yield emerging market debt.
League Table – Assets Gathered by Cross-Border Fund Managers – Latin American Institutional Market – December 2013
April 24, 2014 by
Includes assets gathered by cross-border fund managers in the following markets: Chilean pension funds (AFPs), mutual funds (AGFs) and life insurers, Colombian pension funds (AFPs), Mexican pension funds (Afores) and mutual funds (OFIs) and Peruvian pension funds (AFPs). Period: twelve months ending December 31, 2013.
Companies mentioned in this report: Aberdeen; Franklin Templeton; Schoders; Investec; Axa; Dimensional; Vanguard; pioneer, Fidelity; JP Morgan; Robeco; Invesco; BNP Paribas; Julius Baer; BlackRock; Deutsche; BNY Mellon AM; Goldman Sachs; Pictet; Votobel; Ashmore; PIMCO; Hederson; ING; Matthews; Bluebay; Allianz; Threadneedle; MFS; Aviva Investors; Morgan Stanley; AllianceBernstein; HSBC; Edmond de Rothschild; LarrainVial; M&G; Muzinich; F&C; UBS; BTG Pactual; Janus; GAM; GLG; Alfred Berg; Amundi; TIAA-CREF; Oppenheimer; Principal; CreditSuisse; SEB; EDM; BBH; Deka; Nomura.
RBC says it will exit Chile and maintain long-distance relationships with Latin clients
April 21, 2014 by
In a move that seems prescient in retrospect, RBC was one of the few global firms that seemed eager to attack Latin America when most global firms seemed crippled by the 2008 recession and the losses racked up when the real-estate bubble burst and commodities prices sank. For some years, it stood nearly alone, adding resources and arguably was among the entities that most capitalized on the boom in wealth generation in Latin America.
Carlyle names Jeff Holland head of Private Client Group
April 14, 2014 by
Holland's group will in part focus on arrangements with bank feeder funds and other financial advisors through which high-net-worth and other qualified individuals may gain access to a range of Carlyle alternative asset products.
TIAA-CREF buys Nuveen Investments for USD 6.25 billion
April 14, 2014 by
TIAA-CREF will add USD 221 billion in assets, bringing its funds under management to about USD 800 billion. Both TIAA-CREF and Nuveen have small positions in the Latin American institutional business, though Nuveen is a much more visible brand in wealth-management circles.
BTG Pactual strengthens fund platform in Chile and Luxembourg
April 9, 2014 by
The asset manager will continue to develop closed-end funds in both domiciles, as a way of diversifying the investor base - a benefit to Pactual and to the investors themselves, argues Rodrigo Nader, CEO of Asset Management of BTG Pactual Chile.
Credicorp Capital: Institutionals will return to emerging markets
April 2, 2014 by
The firm believes there are no long-term fundamentals in favor of developed markets and that a change in asset allocation could take place by mid-year.
