In his few short weeks with AB, Stein, formerly with BlackRock and Itaú, has been taken aback by the sudden interest in global exposure among Brazilian investors.
JPM ascends US Offshore vet to bolster coverage
John Oestreicher, client advisor for the US Offshore business, is taking on additional responsibility to serve as national sales manager for US Offshore.
‘Positive environment of accumulation’ for Afores justifies Goldman’s local presence in Mexico
Pension reform should increase alternative investments in Mexico according to Ramon Fernandez, vice-president at GSAM.
GBM lands investment from SoftBank to accelerate the democratization of investments in Mexico
GBM will keep investing in having the best product offering for our institutional and corporate clients, as well as building the best external advisor base in the country,” stated GBM's co-CEO Pedro de Garay Montero.
XP partners with Giant Steps, a leading Brazilian quant manager
XP sees a future for quantitative investing in Brazil, where systematic/quantitative strategies represent less than 2% of total AUM.
BTG Pactual scoops up Universa for USD 132 million
Universa Group is a diverse firm controlling Empiricus Research, Vitreo Holding, Money Times and Seu Dinheiro.
Matthews Asia turns over Latin American institutional distribution to Picton
Matthews had previously been using HMC Capital as its Andean distributor, but moved to Picton after a thorough partner search.
BlackRock hires Paula Salamonde to lead Brazilian ETF biz
Paula Salamonde, who worked at MSCI for 21 years until her departure in 2019, joined BlackRock’s São Paulo office in April.
Exclusive: Franklin Templeton ends Andean distribution partnership with Vision
Arturo Alegria said Vision maintains relationships with AllianceBernstein and Altment Capital, in addition to the alternatives boutiques Cheyne and Lansdowne.
Azimut ups bets on Mexico with fund launches and acquisition
The firm announced plans to launch three global portfolios on Mexico's BIVA exchange and took a 51% stake in local asset manager KAAN Capital.