He will join the firm in April and will report to Sandro Pierri, chief executive officer.
BlackRock to buy Credit Suisse ETF arm
January 11, 2013 by
Upon completion of the deal iShares – BlackRock’s ETF arm – will run 264 ETFs with USD157.6 billion.
Chilean Managers eye Luxembourg
January 3, 2013 by
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.
Managers confirm simplification of SBS registration process
December 27, 2012 by
Over the last few months the registration process for new foreign mutual funds has been reactivated, with record times of six weeks.
Brazil’s BTG Pactual completes acquisition of Colombia’s Bolsa y Renta
December 21, 2012 by
Brazil's Banco BTG Pactual said it has completed its acquisition of Colombian brokerage Bolsa y Renta, as it extends its presence further across Latin America.
Compass Group sees a sluggish 2013 for funds
December 13, 2012 by
According to Luis Palacios, the group’s institutional sales director, important regulatory constraints will hold back growth in the sector.
Bice Inversiones takes over distribution of Nordea in Chile
December 13, 2012 by
With this partnership the Norwegian bank aims to receive its first investments from the Chilean pension market.
Merger of Afore XXI with Afore Banorte could lead to extension of limits for foreign investment
December 13, 2012 by
XXI-Banorte will be the largest Afore which could be too big for the Mexican market, and there is also an obvious need for the regulator to extend the foreign asset investment limit.
Ecus Capital captures European investors for USD30 million fund
November 30, 2012 by
The manager is confident that the Single Fund Bill (Ley Única de Fondos), currently in on its way through Congress, will allow foreigners to benefit from a less costly tax system.
BBVA Sells Mexico Pension Fund to Banorte, IMSS for USD1.6 Billion
November 28, 2012 by
Grupo Financiero Banorte and Mexico’s Social Security Institute, known as IMSS, will each pay half of the price for the Afore Bancomer unit.
