In October, Credit Suisse announced it would close its domestic US private bank as part of wider plans to slim down the business and increase their presence in markets like Latin America and Asia. The Latin American unit will be led by Ignacio Martos.
Highland Capital signs Andean distribution deal with Credicorp
The products of Highland, whose president is James Dondero, will provide AFPs and other institutions an alternative to high-yield funds, with a focus on senior bank loans in the US and floating-rate debt.
Merrill sets USD 2.5 million as minimum for new Latin accounts
Investors residing in some countries - including Venezuela and Argentina - will need to have at least USD 5 million to open an account.
BlackRock outlines South American product and distribution strategy under new director
In a wide-ranging interview with Fund Pro Latin America, BlackRock's South American head, Javier García Riesco, described the firm's multi-pronged effort to broaden its product base and compete aggressively in all client segments.
Vontobel a believer in Mexico’s 100-year bonds
Mexico faces near-term challenges regarding oil revenues, but the longer-term growth story is solid, says Luc D’Hooge (photo), head of emerging-markets debt at the Swiss group.
Name change to NN Investment Partners doesn’t alter ING model in region
"We are now NN Investment Partners, but we are still the same people with the same commitment, the same strategies and the same investment philosophy," said Jaime Rodríguez Pato, CEO of NN Investment Partners Iberia & Latin America.