JP Morgan brought on Carlos Brito, who had led ETF distribution for BlackRock's iShares unit in Mexico for the last four years.
After FT takeover, Legg Mason’s key man in Sao Paulo joins local startup
After 16 years at Legg Mason in Brazil, Roberto Teperman just debuted a new factor-based fund firm with five other partners, called DAO Capital.
Creuza Advisors sets sights on growth in 2021 despite AFP uncertainties
Lima-based Creuza plans to add US Equity, EM Equity, EM Debt, US Real Estate and Global PE funds to its offering, says Nicolás Lasarte, who manages the institutional business.
Lexington Partners opens São Paulo office, expanding presence in Latin America
"We are pleased to establish a local base in Brazil from which to engage directly with investors and high-quality managers," said Lexington's Jose Sosa del Valle.
Wells to exit international wealth business before end of 2021
The decision to leave markets in Asia and Latin America reflects regulatory and other constraints facing Wells in the wake of its fake account scandals that have cost it billions of dollars.
Picton takes over institutional distribution duties for Federated Hermes
Picton will focus on positioning Federated Hermes’ investment capabilities and services in the Latin American pension sector and with other institutions.
SURA launches Lux Sicav to capture global clientele
"The vehicle launch places SURA on the same footing as the more important global asset management firms, while reinforcing our value proposition," stated Ignacio Calle, CEO of SURA Asset Management.
Insigneo names ex-Citi IPB leader at head of offshore business
Rodolfo Castilla will be based in Uruguay and will oversee the group’s independent advisor network across Latin America.
BTG Pactual banks on T. Rowe Price’s wide range of strategies for Andean effort
Mauricio Pérez Lávin, sales manager for the Chilean, Colombian, Peruvian and Uruguayan markets at BTG Pactual, will head the sales strategy for Andean institutionals.