We expect continued strong demand for global fixed income funds, but we are also noticing increased interest in equity and absolute return products. We are optimistic about offering access to semi-liquid alternative vehicles." said Ian Caó, partner and CIO of Gama Investimentos, part of the HMC Capital group.
Franklin Templeton completes acquisition of Putnam Investments
“With complementary capabilities and a track record of strong investment performance, Putnam expands our ability to offer more choice to more clients,” said Jenny Johnson, President and CEO of Franklin Templeton.
Brazilian decreased the pace of withdrawals from international funds in the second quarter
Ian Caó, founding partner and CIO of Gama Investimentos, said that the awareness work being carried out by market professionals regarding the importance of diversifying portfolios in other geographies, contributed to the increase in some international investments strategies.
XP launches slew of global products in Brazilian retirement space
With international launches, XP has established footing in the market of retirement products purchased at the individual and company level, says partner Roberto Teixeira.
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.
Brazilian funds with cross-border strategies hit with USD 3.8b in 1Q withdrawals
“This move was expected and totally understandable," says Frederico Monteiro, head of offshore fund management at BB DTVM.
Invex looks to add global experts to Mexican fund offering
Fund-unit CEO Rodolfo Campuzano says Invex welcomes agreements with third-party managers, noting recent deals with Templeton, EDM and Nafinsa.
Franklin Templeton to acquire Lexington Partners
“This acquisition will position us to capitalize on the highly sought after secondary private equity market," said Jenny Johnson, president and CEO of Franklin Templeton.
ETF BDRs gain early traction in race for Brazilian pension allocations
Paula Salamonde, director at BlackRock in Brazil, told Fund Pro Latin America that local pension funds are latching on to the firm's offering of ETF BDRs to build out their internationalization strategies.
Actinver CEO: “The investment sector is in the throes of a massive transformation”
Actinver is combining ease of entry, education and product diversification to prepare for a post-Covid world, says CEO Hector Madero.