The former AFP Provida executive will take on a client segment made up of central banks and sovereign funds, while also working to strengthen already-established distribution ties with regional AFPs.
AFP Provida takes steps to recover market share
Provida, for many years the leader in overall AUM in the Chilean AFP industry, has reduced its fees and made a key hiring on the investment side to shore up its sagging market share.
Merged Principal-Metlife Afore names new CIO
Néstor Fernández, who has spent a great deal of his career with MetLife, was named head of investments of Principal Afore, following its acquisition of MetLife Afore.
M&G strengthens Latin American sales team
The European manager has fortified its Latin American sales team with the hiring of Madrid-based Ander López Francoy as sales director for the region.
Chile’s AFP Provida names Ruiz-Esquide as chief executive
The addition of Ruiz-Esquide was the latest in a series of shakeups at the Chilean pension manager, which is owned by Met Life.
Market praises role of Sergio Aratangy at pension regulator
The former Euroamerica AGF executive has put a "pro-market" stamp on his work at the Superintendencia de Pensiones regulator that oversees Chile's AFP industry.
Henriquez passes baton as Insigneo enters new growth phase
Daniel de Ontanon, a veteran with leadership roles in Citi's private banking area, will take over as Insigneo's CEO, effective April 30, 2018. Raul Henriquez will continue in his role as chairman of the USD 8.5 billion advisory.
BCI AM looks for new alliances with traditional and alternatives managers
BCI, which already has relationships with Wells Fargo, First Trust and AdamsStreetPartners, has hired ex LarrainVial executive Sebastián Rodas to grow out the third-party institutional business.
Sura Asset Management appoints Vidal to head fixed-income unit for regional fund business
Armando Vidal, until recently head of the fixed-income unit of Sura-owned Peruvian pension manager AFP Integra, has become the head of fixed-income for Sura’s fund businesses in Mexico, Chile, Peru, Colombia and Uruguay.
Becon adds to sales team with new hire
Cristobal Garcia Colombo is the latest addition for the independent fund distributor. He will work from the firm's main office in Buenos Aires.