With this strategic move, Vinci will expand its geographic footprint across eight countries, establishing a leading pan-regional platform with over USD 50 billion in assets under management.
Investec shuts Compass-run Mexican equity fund amid fall in AUM
The Investec GSF Mexican Equity fund was launched as Luxembourg-domiciled fund in February 2014 using the expertise of Latin American investment specialist Compass Group and its CIO Luis Yance, Citywire reported.
Scotia Wealth in Mexico allocates USD 650 million to third parties
Open architecture allows newly branded Scotia Wealth Management to offer the best solutions to its affluent Mexican clients, said VP Jaime Montemayor.
Jorge Diaz departs BlackRock to join Compass Group
Compass is the leader in third-party distribution to institutional clients in the region, with more than USD 12.7 billion raised for the seven international firms: Vanguard, PIMCO, Investec, Eastspring, Nomura, UBS and Wisdom Tree.
Political and legal questions could be provoking redemptions from Penta and CorpBanca funds
In the last quarter of 2014 these two managers suffered the worst falls in AUMs amid a period of great growth for many of their peers.
Compass Group seals distribution agreements with Nomura and Fortress
Compass's mutual fund platform offered to Chilean institutional investors is now formed by PIMCO, UBS Global Asset Mgt., Vanguard, and five others, while their offering of alternative funds includes Bain Capital, Fortress and two others.
Compass Group Mexico wants a piece of the Afore market
In an interview with Latin Asset Management, José Ignacio Armedariz and Luis Palacio said they will be very active in the next two years offering Afores new alternatives to benefit the pension managers' international portfolios.
Compass Group to take over distribution of UBS for the region
Chilean and Peruvian pension funds currently hold investments in funds of this global asset manager.