The hiring of Juan Carlos Martin is expected to revitalize investments in alternative assets at Afore Citibanamex, which was recently put up for sale.
Tracking the Activities of Global Asset Managers in Latin America
The hiring of Juan Carlos Martin is expected to revitalize investments in alternative assets at Afore Citibanamex, which was recently put up for sale.
MetLife has argued that affiliate redemptions from annuity plans constitutes expropriation and violates the Chile-USA free-trade agreement.
John Oestreicher, client advisor for the US Offshore business, is taking on additional responsibility to serve as national sales manager for US Offshore.
JP Morgan brought on Carlos Brito, who had led ETF distribution for BlackRock's iShares unit in Mexico for the last four years.
The former Afore Sura CEO’s new job is to work out how this retirement fund manager will take “the portfolios towards a better experience in which the client becomes the core of the investment process," Citi said in a statement.
Rodolfo Castilla will be based in Uruguay and will oversee the group’s independent advisor network across Latin America.
The executive had been serving as head of offshore sales in Miami. Meanwhile, Schroders also promoted Pablo Albina to a top regional investment role.
April proved to be a busy month for executive changes, as shareholder meetings convened in Chile. Changes at Moneda, Credicorp and Planvital garnered the most attention.
Polidura will operate from the Zurich offices of Julius Baer, which recently reinforced its activities in Mexico by increasing its global share in NSC Asesores to 70%.
Massaru Takahashi, a former Banco do Brazil asset management CEO, has worked as a senior management consultant for BlackRock since 2016.
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