ETFs emerge as one of the main alternatives for investors to diversify their portfolios internationally. "Customers have understood the power of diversification, seeking investment alternatives that are not reflected in the local market, and also diversifying in currency, as ETF BDRs have exposure to the dollar," said Paula Salamonde, director of the Institutional segment and iShares ETF at BlackRock Brasil.
Brazilian cross-border investments increased the pace with USD 289 million net inflows in Q2 2024
BlackRock agrees to acquire Global Infrastructure Partners
The over USD 150 billion combined business will seek to deliver clients market-leading, holistic infrastructure expertise across equity, debt and solutions at substantial scale.
BlackRock begins iBonds offering in Latin America
So far the manager has launched nine iBonds on the UCITS platform for global investors, four corporate in dollars, four corporate in euros, and one US treasury.
Aitor Jauregui named head of BlackRock’s Latam operations
The executive will also head the offshore Latin American high-net-worth-client business, which is concentrated in Miami.
Offer of global ETFs in Brazil widens amid strong investor response
The heads of the ETF business at JP Morgan, BlackRock and Global X boasted about the positive outlook for so-called "BDRs of ETFs" in Brazil.
ETF BDRs gain early traction in race for Brazilian pension allocations
Paula Salamonde, director at BlackRock in Brazil, told Fund Pro Latin America that local pension funds are latching on to the firm's offering of ETF BDRs to build out their internationalization strategies.
BlackRock strengthens retail offering in Mexico as small investors embrace funds
Sergio Mendez, BlackRock´s country manager for Mexico, sees large untapped potential in the Mexican retail market.
Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore
The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.
ESG funds in Mexico present an opportunity for international asset managers
Santander CEO Jesús Mendoza del Río wants to list a global equities version of Mexico's premier ESG fund, a local equity product which launched last summer.