Volcom has renewed its contractual conditions with Ardian with view to playing a leading role in the firm’s plans for penetration of the region.
Swiss-based Partners Group makes exclusive distribution deal with Argentine brokerage
The deal was made possible by legislation that allows Argentine clients to invest directly in financial instruments domiciled outside the country, provided that they have a local agent as a link to the operation abroad.
Win-win in the branding department as Banchile, Prudential ink distribution deal
"This agreement between two experienced asset managers gives investors access to a broader range of investment opportunities in one of the most important markets in the region," said Stuart Parker, PGIM Investments president and chief executive officer.
EuroAmerica turns over fund-management and insurance business to Zurich for USD 155 million
According to Fund Pro Latin America, the deal will boost Zurich’s mutual fund business in Chile to well over USD 1 billion, by adding EuroAmerica AGF's USD 938 million in AUM to its current AUM of USD 363 million.
Aberdeen launches diversified feeder fund to Brazilian investors in partnership with XP
The partnership with XP is strategic and will allow access to a extensive client base,” George Kerr, the director of Aberdeen Standard in Brazil, told Fund Pro Latin America.
Old Mutual to offload Latin American operations, including Colombian AFP
The Skandia name is set to be revived in Latin America by the prospective buyer, the Chinese-owned CMIG International.
Pactual inks institutional-distribution deal with Capital Dynamics
"Capital Dynamics is one of the best integrated alternative investment platforms worldwide," said Ignacio Pedrosa, head of third-party distribution at BTG.
Scotiabank property to take over Citi’s retail banking network in Colombia
Acquisition of Citi's 47 branches and 424 self-service access points across Colombia fits with Scotiabank's strategy to increase scale in Pacific Alliance economies of Colombia, Mexico, Chile and Peru," said the firm's Nacho Deschamps,
Julius Baer boosts Brazilian wealth presence with Reliance acquisition
Julius Baer, which already purchased multi-family office GPS Investimentos in Brazil, has agreed to acquire 95% of Reliance Group, another large independent wealth firm.
BlackRock-Banamex tie-up in Mexico promises to upend the market
Who wins and who loses when BlackRock takes over CitiBanamex's asset management operation in Mexico?