Gávea will keep its hedge funds and private-equity funds, which are the firm’s core businesses. Equity funds and real-estate funds will likely stay with JP Morgan, which operates as a local asset manager in Brazil.
Fóndika AUMs grow 16.2% with purchase of Zurich platform
August 6, 2015 by
While Fóndika currently distributes the local and international funds of 10 managers, CEO Juan Carlos Pelayo noted that new regulations will allow the platform to commercialize any publicly offered Mexican funds it finds interesting.
Banchile likely to absorb Penta fund lineup if merger goes through
July 9, 2015 by
Local analysts believe that the mutual funds of Penta would be rapidly absorbed by the funds of Banchile. However, doubts abound regarding the merger of the two firms' closed-end funds.
Banco do Brasil, UBS target local pensions in launch of cross-border sustainable fund
July 9, 2015 by
"UBS has a strong and long-standing track record in sustainable investing, an area which will only continue to grow in importance," said Marilyn Foglia, head of Latin America for UBS GAM.
Warburg-backed Guide Investimentos buys wealth management business of Simplific Pavarini
June 4, 2015 by
This latest in a string of acquisitions involves 400 clients and USD 160 million in AUM. It was the fifth acquisition for Guide in the last 18 months.
Aberdeen deepens global alternatives presence with purchase of US-based boutique
June 4, 2015 by
Aberdeen CEO Martin Gilbert (photo) said the purchase "strengthens further our private-market capability by bringing additional Asian expertise and new US resources." The acquisition enhances its multi-manager coverage of hedge funds, property- and private-market allocations, infrastructure and pan-alternative products.
UBS advisors in the Americas can now access Mercer’s global manager research and analytics
May 14, 2015 by
The relationship will provide the investment management research team within UBS Financial Services with access to Mercer's 9,000 manager-research opinions and performance analytics.
Prudential commits up to USD 620 million for stake in Chile’s AFP Habitat
October 30, 2014 by
Habitat is Chile's second largest AFP, with USD 44 billion under management, including USD 17 billion in allocations to cross-border ETFs and mutual funds.
XP Investimentos buys Internet brokerage Clear
August 1, 2014 by
The holding company of XP Investimentos announced the acquisition of the Internet brokerage Clear in a transaction estimated at BRL 90 million.
S&P Dow Jones to assume control of all Mexican Stock Exchange indices
July 25, 2014 by
S&P DJI will assume the marketing and commercial licensing of the BMV indices with the intent to jointly create new indices with the BMV. All current BMV indices will be co-branded S&P.
