JP Morgan Brazil is bullish on demand for international offerings

Giuliano de Marchi believes there are 500,000 Brazilians with investments in excess of BRL 1 million, the amount needed to fully invest abroad. “Yet, only 1% of the investors able to invest abroad actually do it,” he told Fund Pro Latin America.

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MFS hires proprietary sales head in Chile to develop business beyond AFPs

Fuenzalida's major focus will be on developing and expanding MFS's business in the retail segment of that country, namely locally-owned private banks, local brokerage houses and advisories, funds of funds, family offices, multi-family offices and insurance companies.

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JP Morgan to sponsor two additional PIMCO ETFs

The new PIMCO ETFs, PIMCO 0-5 Year High Yield Corporate Bond Index Fund (HYS) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ), are listed on the Bolsa Mexicana de Valores in pesos and trades can be initiated through a local broker.

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