The industry was not pleased with the placement of stringent caps on fees they can pass on to affiliates, but cheered plans to boost payroll contributions substantially.
Fitch appoints Peter Shaw head of Latin America
January 29, 2015 by
Fitch Ratings has announced the appointment of Peter Shaw (photo), managing director, as head of Latin America. Most recently, Shaw was the regional credit officer for Latin America, a position he assumed in December 2010. He previously managed Fitch's Latin American Financial Institutions group.
Fitch affirms HSBC Gestão and multimanager unit at ‘Highest Standards’
November 19, 2014 by
Fitch believes that HSBC Gestão's main challenge is to increase participation in higher value-added funds in the face of strong competition, to improve performance of its funds and grow its AUM in an increasingly challenging environment.
Fitch assigns high standards rating to Banorte Ixe as asset manager
September 24, 2014 by
One of the rating factors is the strength of its investment platform and operational framework compared to the standards applied by institutional investors in Mexico.
Fitch affirms Itaú Asset Management’s ratings at Highest Standards
September 19, 2014 by
Itaú's 'Highest Standards' rating reflects Fitch's opinion that the company's investment platform and operational framework are superior relative to the standards applied by institutional investors in international markets.
Fitch assigns Bci Asset Management highest standards rating
August 15, 2014 by
The rating reflects Fitch's view that the company's investment platform and operating framework are superior relative to the standards applied by global institutional investors.
Fitch affirms BTG Pactual asset management’s national asset manager rating at ‘M1(bra)’
March 20, 2012 by
The 'M1(bra)' category is assigned to asset managers operations that show the lowest vulnerability to operating and investment management failures.
