Whether because of the procedure developed by the regulators or the AFPs themselves, it is not possible to place a fund until three months after the start of the process.
Aseguradoras redujeron sus utilidades en 59.1% durante 2011
March 23, 2012 by
Mercado asegurador en su conjunto registró ventas totales que alcanzaron los USD9,681 millones en 2011.
Principal buys stake in Claritas
March 23, 2012 by
As part of its long-term strategy to boost its presence in Brazil it will buy a 60% percent indirect ownership stake in the Brazilian mutual fund manager.
Fitch affirms BTG Pactual asset management’s national asset manager rating at ‘M1(bra)’
March 20, 2012 by
The 'M1(bra)' category is assigned to asset managers operations that show the lowest vulnerability to operating and investment management failures.
Aberdeen has been appointed investment adviser to the Credit Suisse Equity Fund Brazil and Bond Fund Brazil
March 6, 2012 by
The equity strategy will be managed by Devan Kaloo, head of Global Emerging Markets, while the bond strategy will be managed by Brett Diment, head of Emerging Market Bonds.
HMC starts the year raising over US$400 million from AFPs
March 1, 2012 by
Ricardo Morales, partner of HMC - firm associated with the Brazilian firm Itajuba Investimentos - says they achieved sales for managers Matthews, Neuberger Berman, BlueBay and East Capital.
AFPs not yet enthusiastic about new flows from self-employed
February 27, 2012 by
Compulsory contributions for these workers will not come into force until 2015. The legal change could inject significant resources into pension funds, particularly through monthly flows.
Afore Banamex selects three managers specializing in international equity
February 21, 2012 by
JP Morgan, BlackRock and Schroder are chosen to manage part of the Afore’s portfolio in global equities.
Sura Group in Mexico moves toward open architecture
February 16, 2012 by
In a first step, an agreement was signed with Meridian Funds (MFS) to use them as underlying asset for investments by mutual funds in global equities in Mexico.
BTG Pactual finalizes Celfin Capital deal
February 10, 2012 by
The Sao Paulo-based bank said that the deal will create the leading investment bank in Latin America.
