Matias Eliaschev, former MBA Lazard Managing Partner, has been named CEO, Lazard Latin America ex Brazil and Mexico investment banking, effective immediately.
Amundi shows interest in Pioneer acquisition
October 24, 2016 by
Pioneer manages EUR 220 billion and employs 2,000 people in 28 countries. It has Latam offices in Miami, Santiago de Chile and Mexico City.
BlackRock alternatives more accessible to qualified investors via deal with Artivest platform
October 13, 2016 by
“RIAs are placing a greater emphasis on illiquid alternatives to insulate their clients from market volatility while seeking to deliver competitive market returns,” said Hollie Fagan, head of BlackRock’s RIA business.
Janus and Henderson tout service, product strengths in merger of equals
October 7, 2016 by
Andrew Formica, chief executive of Henderson, said, “Henderson and Janus are well-aligned in terms of strategy, business mix and most importantly a culture of serving our clients by focusing on independent, active asset management." The merger is currently expected to close in the second quarter of 2017.
Itaú has pole position for acquisition of Citi’s Brazilian retail banking operation
September 29, 2016 by
Itaú has reportedly outbid Banco Santander in initial offers presented to Citigroup. The Spanish bank is exclusively negotiating on Citi's Argentine operation while Scotiabank is in talks for its Colombian holdings.
MFS reorganizes its Latin American sales approach
September 20, 2016 by
MFS has lost two Argentina-based directors, named a Miami-based executive as managing director for the Americas, and ended a third-party distribution relationship with Santiago-based Picton Advisors.
Scotia Wealth in Mexico allocates USD 650 million to third parties
September 15, 2016 by
Open architecture allows newly branded Scotia Wealth Management to offer the best solutions to its affluent Mexican clients, said VP Jaime Montemayor.
Two more ex-Merrill advisors launch independent boutique firm
September 14, 2016 by
The principals of the newly launched Coral Gables-based Maximai Investment Partners were said to run client books worth a combined USD 550 million.
Credicorp takes over Andean distribution for State Street
September 11, 2016 by
The tri-national firm had been looking for a passive manager for its distribution business, to complement its roster of traditional and alternatives firms, said Credicorp's Ignacio Montes, regional director of institutional distribution.
Deutsche to sell Argentine unit to the local Banco Comafi
September 7, 2016 by
As part of a so-called “footprint rationalization” strategy, Deutsche is closing its Argentine and Mexican operations while trimming by about 50% its staffing in Brazil as it moves trading elsewhere.
