MSCI launched the new factor indexes to meet increased demand for indexes generally in Latin America, and also to address the global trend toward factor investing, said Diana Tidd (photo), managing director.
State Street expands advanced beta ETF offering by using MSCI Factor Indices
The new SPDR MSCI Quality Mix ETFs use multi-factor strategies constructed by combining three MSCI Factor Indices with different risk-return profiles and correlations. The concept of multi-factor holds appeal with most investors as an opportunity to manage risk through combined factor tilts and to enhance the resilience of their portfolios through strategic exposure.
Bradesco launches Lux-domiciled Latin American bond fund
The Latin American Hard Currency Bond Fund will invest primarily in investment-grade corporate and sovereign bonds. The goal is to raise USD 100 million among investors in Europe.
Actinver launches new multi-asset fund advised by NY-based alternatives shop
The Dinamo fund is characterized by investing in multiple asset classes (bonds, equities, commodities, real estate, etc.) and focuses on investors looking for the delicate balance between high returns and good strategies to protect capital in times of high volatility.
Invex launches fund that will follow BlackRock recommendations
The Mexican bank is aiming to add global flavor to its product platform for Mexican clients. The locally domiciled INVEXTK fund will follow recommendations from an active-strategy BlackRock model portfolio, composed of iShares ETFs, with tactical rebalancing performed monthly.
Horizons and FiduBogotá launch an ETF that tracks S&P Colombia Select Index
Howard Atkinson (photo) claimed the new ETF offers low-cost exposure to a more diversified index than other currently available Colombian benchmarks.
Van Eck Global adds two Market Vectors ETFs to Mexican offering
Two fixed-income ETFs were added to the long list of 32 products that Van Eck can offer to Mexican pension and and mutual-fund managers through the local stock exchange. Deutsche Securities will act as local sponsor.