Excel workbook detailing Peruvian AFP allocations to global mutual fund managers, over various time periods. Also included is a breakdown of offshore allocations by asset class, over various time periods. Data as of July 31, 2013.
Baer seen close to buying Merrill’s non-U.S. wealth units
One source said that Baer could pay up to USD2 billion for the unit, which manages some USD90 billion for clients in Europe, Latin America, the Middle East and Asia.
State Street buys GSAS
State Street, said that it has agreed to pay USD550 million to buy Goldman Sachs Administration Services as it looks to become the leading global administrator of hedge funds.
Sura to distribute 66 BlackRock funds to non-institutional clients
The partnership will strengthen its open architecture model for fund sales. The U.S. firm is also pinning its hopes on potential growth in the retail segment.
Bice Inversiones launches international fund with tax break
The Bice EE.UU mutual fund will trade on the stock exchange giving participants tax-free gains.
CNBV plans to facilitate creation of investment funds
Andrés Rodríguez, deputy director general of the Investment Management Department of the CNBV, said the corporate structure under which an investment fund is set up could be adapted.
Consar: flexibility is key to achieving the objective of better pensions
Sergio Rodríguez, director general of Financial Planning and Economic Studies of the regulator, says his agency is planning to extend the 20% limit on foreign securities, and that flexibility is the key to long-term thinking on the system.
Mark Mobius: Mexican pensions have the potential to outperform the Chilean market opening
The emerging market guru of Franklin Templeton believes that if the regulations continue to promote diversification options, as they have done in the last year, the country has the potential to outperform the Chilean market in three years.
New Consar president receptive to adjustments in the investment regime but no hurry
Carlos Ramírez Fuentes, new president of the pension regulatory body, said they would continue promoting diversification and the time had come for the second generation reforms.
Saxo Bank opens office in Uruguay for private investors
Saxo Capital Markets Agente de Valores is intended to bring the bank closer to its customers in the region and offer a service that is adapted to the needs of Latin American investors.






