"Our opening in Uruguay is simply related to the need to be face to face with advisors," says Excel's Cristián Reynal,
Chilean AFPs funneled USD 783 million to cross-border funds and ETFs in March
April 18, 2019 by
The AFPs finished the month with USD 81.3 billion invested in cross-border funds and ETFs, 70.5% of which was in equities, as they sought better returns.
AFPs favor Asian equity and emerging-markets debt as markets recover
March 19, 2019 by
AFPs injected USD 760 million into emerging-markets bonds and USD 743 million into Asian equity in February, as total cross-border allocations passed the USD 80 billion mark.
Aberdeen to be acquired by Standard Life in USD 4.7 billion stock deal
March 6, 2017 by
The deal, which will create a USD 800+ billion asset manager, is the latest move by the active management industry to combat a tide of investors shifting money to low-cost, passive funds.
Amundi shows interest in Pioneer acquisition
October 24, 2016 by
Pioneer manages EUR 220 billion and employs 2,000 people in 28 countries. It has Latam offices in Miami, Santiago de Chile and Mexico City.
Ground shifting rapidly in Chilean distribution landscape
June 23, 2016 by
The institutional-distribution division of BTG Pactual was recently taken over by Danny Aballay, who is tasked with rebuilding the unit after the flight of several of its cross-border clients. His promotion was one of several in the Chilean market.
Aberdeen continues US expansion with Arden buy
August 16, 2015 by
"Institutional investors are looking to hedge fund solutions to offer risk-return profiles not available via mainstream strategies and traditional asset classes," said Aberdeen's chief executive officer, Martin Gilbert.
Aberdeen deepens global alternatives presence with purchase of US-based boutique
June 4, 2015 by
Aberdeen CEO Martin Gilbert (photo) said the purchase "strengthens further our private-market capability by bringing additional Asian expertise and new US resources." The acquisition enhances its multi-manager coverage of hedge funds, property- and private-market allocations, infrastructure and pan-alternative products.
Banco do Brasil selects four European experts for new range of global feeders
April 9, 2015 by
Carlos Takahashi, CEO of BB DTVM, said the Brazilian asset management giant plans to offer the products to a cross-section of domestic investors, from pensions to individuals, thanks to recent rule changes in the domestic market.
Aberdeen names business-development head to attack Latam wealth segment
September 2, 2014 by
Aberdeen has tapped Luxembourg-based Menno de Vreeze to oversee its New-York and South-Florida-based offshore wholesaling teams.
