“Adding the Infraestructura Institucional team will enhance BlackRock’s ability to deliver previously untapped investment opportunities in Mexico to our local and international clients," said Jim Barry, global head of BlackRock's Infrastructure Investment Group.
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.
Afore Banamex disburses USD 820 million to three global firms
With the latest disbursement, Banamex has announced mandates of USD 3.2 billion, of which it has already allocated USD 2.1 billion, according to figures maintained by Latin Asset Management.
BlackRock expands institutional team in Brazil with new hire
Oliveira was previously part of the investment team of Towers Watson and also the funds of funds area of Banco Alpha de Investimentos. In addition, the executive served on the portfolio management team of Tendência Wealth Management.
BlackRock taps Madrid sales boss to head up wealth distribution in Americas
Beginning in March 2015, Iván Pascual will be charged with managing BlackRock's global relationships with private banks, family offices, fund platforms, and wealth managers and his coverage will include the firm's active products as well as iShares.
BlackRock study: Institutional investors should consider profound shifts in investments
Mixed economic growth forecasts and shifting monetary policies are testing investors’ ability to generate sufficient returns to meet their long-term liabilities,” commented Mark McCombe, senior managing director and global head of BlackRock’s institutional client business.
Itaú launches its first local ETF indexed to an international benchmark
The new product, listed on the BM&F Bovespa, is the seventh in the ETF family sponsored by Itaú, which have amassed USD 461 million in assets under management.
iShares captured 31% of global ETF industry flows in 2014
Driven by its US and European product lines, the firm captured 31% of the total USD 331 billon in global exchange-traded-fund (ETF) market flows in 2014.
Banamex announces winners of USD 600 million Asian mandate
The announcement was a coup for Compass Group Mexico, which represents two of the firms that will share in the USD 600 million mandate. Rodrigo Blancas (photo), head of mandates, also revealed that it will be disbursing assets to previous winners of already-existing mandates, after many months of regulatory wrangling.
BlackRock: Latin Americans recognize demands of retirement, but have set aside very little
“The survey clearly shows that Latin Americans are strongly motivated to be successful savers and investors, yet have fallen behind in some key planning areas, especially retirement,” said Armando Senra, head of BlackRock's Latin America and Iberia region.