On the active-management side, the top 12 funds suffered a combined AUM loss of USD 851 million, while for ETFs the reduction in AUMs was a more moderate USD 501 million. Products from Templeton, Aberdeen, and iShares were the hardest hit. Meanwhile there was some good news for AXA, Invesco and BNY Mellon.
AUM losses in January topped USD 300 million for some funds held by Chilean AFPs
February 13, 2014 by
Pioneer appoints Bailie to head Western Europe and Latin America
January 15, 2013 by
He will join the firm in April and will report to Sandro Pierri, chief executive officer.