One hundred global mutual funds will be made available to private banks, stockbrokers, family offices and insurance companies throughout the region.
Itaú expands third-party offering with Principal retirement products
LifeTime fund line will be offered to the bank's customers for voluntary pension savings.
Econsult transfers half its funds to Principal AGF
Following the agreement, the manager retains only two local feeder funds that invest in foreign real-estate assets through Brookfield.
JP Morgan AM widens distribution of its funds in Chile
Through an alliance with Banco Bci, the manager will intensify its distribution to private-banking clients, says Juan Pablo Soffia Moller, JPAM's Chilean MD.
Franklin Templeton to acquire Alcentra from BNY Mellon
Franklin's alternative credit specialist, Benefit Street Partners, will expand its capabilities and presence in Europe, doubling its assets under management to USD 77 billion globally.
Itaú puts Goldman brand name on in-house feeder fund
The Goldman Sachs Global Millennials USD Selection Ações feeder fund will be available through Itaú’s fund of funds platform and is aimed at qualified local investors.
XP and Banco Modal join forces to accelerate disruption in the Brazilian financial industry
The companies share a common goal of exceeding clients’ expectations and democratizing access to high quality and low-cost financial products and services.
Citi signs sale agreement with Insigneo
Upon completion of the announced sale, Citi would be absent from the Latam offshore market, while maintaining an important presence in Miami.
HMC partners with BlackRock to broaden Andean venture-capital distribution
"What is coming for the future are strategies more tailored to specific needs or sectors," says HMC's Ricard Morales.
Ecus Capital led by Hubert Porte sells its AGF to concentrate on its institutional distribution business
Ecus Capital will now focus on distribution of mutual funds and alternative products to institutional investors in Chile, Peru, Colombia and now Mexico,