After its merger with Pioneer, Amundi has decided to attack the Latin American institutional market from Santiago and Mexico, leveraging the experience of Silvia Fernández, who led Pioneer's distribution area in Andean markets.
EuroAmerica turns over fund-management and insurance business to Zurich for USD 155 million
According to Fund Pro Latin America, the deal will boost Zurich’s mutual fund business in Chile to well over USD 1 billion, by adding EuroAmerica AGF's USD 938 million in AUM to its current AUM of USD 363 million.
M&G strengthens Latin American sales team
The European manager has fortified its Latin American sales team with the hiring of Madrid-based Ander López Francoy as sales director for the region.
Post-merger with Corpbanca, Itaú looks to launch ETFs and vehicles with global partners
"We want to increase the number of ETFs available in the market, which will surely bring more and better options to Chilean (and possibly international) investors," Itaú AGF's Wagner Guida told Fund Pro Latin America.
Nordea to retain Bice relationship in Chile as it preps Andean beachhead
Bice Asset Management will continue supporting them in Chile with local AFPs, even though the 10-year distribution agreement is expiring, according to Bice's Enrique Santibáñez.
BICE focuses on internationalization and alternatives
BICE Inversiones is eyeing opportunities in the alternatives space, and is nearing an agreement with a large global private-debt manager, said the firm's Enrique Santibáñez.
Henriquez passes baton as Insigneo enters new growth phase
Daniel de Ontanon, a veteran with leadership roles in Citi's private banking area, will take over as Insigneo's CEO, effective April 30, 2018. Raul Henriquez will continue in his role as chairman of the USD 8.5 billion advisory.
Old Mutual wholesalers agree to distribute OMGI funds as independent company
Old Mutual Global Investors' US offshore and Latin American offshore sales team has gone independent, and will continue to offer OMGI funds - and perhaps other brands - via its newly established, Miami-based, third-party distribution firm.
BCI AM looks for new alliances with traditional and alternatives managers
BCI, which already has relationships with Wells Fargo, First Trust and AdamsStreetPartners, has hired ex LarrainVial executive Sebastián Rodas to grow out the third-party institutional business.
Banchile Inversiones aligns with the needs of its clients
The manager, which has institutional relationships with Manulife, Stone Harbor and Edmond de Rothschild, has simplified its product offerings and has relocated to offices outside of downtown Santiago.