Franklin Templeton to acquire Alcentra from BNY Mellon

Franklin's alternative credit specialist, Benefit Street Partners, will expand its capabilities and presence in Europe, doubling its assets under management to USD 77 billion globally.

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Chile set to redeem another USD 3 billion from FEES stabilization fund

The USD 12.4 billion sovereign wealth fund's cross-border equity positions are managed by BlackRock and Mellon.

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Third-party distributor Unicorn SP looks to add fourth manager before 2020

Unicorn currently works with Vontobel for US Offshore and Latam intermediary clients, BNY Mellon for US Offshore and Muzinich in Latin American retail and institutional markets, said David Ayastuy, founder,

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Carolina Montiel to head BNY Mellon’s family-wealth investment-advisor group

Based in Miami, Montiel will report to Ridge Powell, managing director and team leader of the advisory group, and will support the Florida region alongside Managing Director Ray Sidwell and the international team.

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BNY Mellon Wealth appoints Alex Ramos as senior wealth director

Ramos will report to managing director Chris Griffin, and will be responsible for business development efforts in the company’s Greenwich office.

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BNY Mellon Latam head sees opportunities in Chile, Uruguay and potentially Mexico

Sasha Evers, who leads BNY Mellon IM's Latin business from Madrid, says the firm will maintain its current team size in Santiago, Chile, while pursuing a strategy of organic growth.

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BNY Mellon expands role of Iberian head Evers to include Latam

Antonio Salvador Nasur will continue in his regional role based in Santiago, Chile, reporting directly to Sasha Evers, who is based in Madrid.

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Templeton launches cross-border fixed-income fund to attract Brazilian pensions

The fund aims to bring the excess return relative to the alpha generated in international markets and translate it into Reais. "The goal is that the fund generate returns of CDI plus 5.5% or 6%," explained Marcus Vinicius Goncalves (picture), representative of Franklin Templeton in Brazil.

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AUM losses in January topped USD 300 million for some funds held by Chilean AFPs

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.

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BNY Mellon announces hiring of Koelle and Salomonde

Koelle replaced René Boettcher. Salomonde, meanwhile, replaced Zeca Oliveira, one of three executives under the microscope for supposed “irregularities” at the firm. Oliveira and two others were officially dismissed from the company in early December, allegedly in connection with the “irregularities” mentioned above.

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