"Our clients want to maintain a balance between local and international investments," said Compass's Juan Cristóbal Figueroa.
Chilean platform Sherpa Wealth exceeding growth plans, negotiating with additional managers
Two years after its creation, the firm already has 80 independent financial advisors as associates and has closed agreements with some 20 local fund providers.
LarrainVial beefs up US Offshore operation
The hiring of a veteran Miami-based executive will strengthen the offerings of Aegon, Brown Advisory and Pinebridge Investments in the offshore wealth segment.
LarrainVial analyzes Oppenheimer funds after merger announcement with Invesco
LarrainVial is eyeing opportunities to add to Invesco's asset-gathering success. In Chile alone, it has helped the manager raise USD 2.5 billion from AFP pension managers.
LarrainVial buys its way into alternatives biz
Larrain announced that it would buy a 50% stake in CMB Prime, a local alternatives manager specializing in closed-end infrastructure asset portfolios.
LarrainVial to promote Invesco funds in Uruguay/Argentina market
Invesco products being offered initially in Argentina and Uruguay will reportedly be linked to European equities, according to Larrain's Sebastián Caronni.
LarrainVial strengthens operations in United States
Juan Andrés Pinilla’s main task will be to market LV products to private banks, family offices and institutions managing offshore assets of mostly Latam clients. He will be based in Miami.
Sura loses wealth-team heavy hitter to LarrainVial
Chile-based Juan Pablo Valdes, who was heading a Sura Asset Management wealth-management team with USD 2 billion in client assets, has joined LarrainVial Asset Management as commercial director.
Chile-based LarrainVial will cross Andes to open Buenos Aires office
LarrainVial is in the process of obtaining a brokerage license in Argentina, which should be approved very soon. The office will be headed by Sebastian Caronni, an Argentine national and partner at the firm, who previously worked at Banco Santander.
LarrainVial installs UBAM as subadvisor for European fund, replacing EDM
Larrain said it made the switch after reviewing several managers, and found that "UBAM was the firm that best fit our investment philosophy, with processes and standards at the maximum level in the European fund industry."