Managers with a local presence in Brazil are finally benefiting from their early-mover status in Brazil, among them Western Asset, PIMCO, JPM and Schroders.
JPM adds its name to list of managers with Afore-ready products
The fund – JPM US Select Equity – aims to achieve a return in excess of the US equity market by investing primarily in US companies that are selected by a research-driven investment process based on the fundamental analysis.
Colombian AFPs sold equity funds and ETFs in February, despite rally in global stocks
The AFPs finished February with USD 16.6 billion invested in cross-border funds and ETFs, 95% of which was in equities. Many had adopted a wait-and-see posture, or were selling into rallies.
JP Morgan lists its first UCITS ETF in Mexico
"We’re seeing growing interest from clients for cost-efficient fixed-income strategies which sit within the benefit-rich ETF vehicle," said JPM Mexico's Juan Pablo Medina-Mora.
JP Morgan AM expands ETF offering for local Mexican investors
JPM's Juan Pablo Medina-Mora says the BetaBuilders US equity ETF offers local investors and asset allocators more efficient access to the US market.
Colombian AFPs went longer on emerging-markets equity in March
The AFPs yanked USD 61 million from cross-border funds and ETFs in March 2019, but shoveled USD 447 million into a single Vanguard ETF, raising the firm’s total Colombian AUM to USD 2.5 billion.
JP Morgan is latest to list ETFs in Mexico
ETFs from global firms have flooded the market, providing investors with diversification options as the country heads toward July elections. Vanguard, Principal, Franklin Templeton, First Trust, Van Eck and Amundi have all listed funds in recently.
Boosted by AUM growth, JP Morgan to open Colombian office
Giacomo Grage, who until now has been working from JPM's Andean flagship in Santiago, will head the initiative in Bogota.
Santander to assume management of JP Morgan’s Brazilian-risk funds
With the deal, Santander could add over USD 5 billion to its USD 80.5 billion in AUMs in Brazil. Santander already has more than 1 million local investors in its Brazilian-domiciled funds.