Chilean AFPs suffering small-scale exodus of talent

Jorge Valencia left AFP Habitat to join Banco Santander as head of global markets. AFPs are finding it difficult to retain executives as salaries tend to pale vs. those offered in the local asset-management market.

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MFS International hires Miami-based associate director and wholesaler

Eric Figueroa will be responsible for the sale of MFS Meridian Funds, working with advisors across all channels, including family offices, independents, banks and wirehouses, in the southeastern United States, the Caribbean and Central America.

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Franklin’s senior director for the Americas assumes Paris-based role

Michel Tulle, currently based in Buenos Aires, will report from Paris as of January 2017 to Vivek Kudva, managing director of EMEA, and responsible for the coordination and development of the business in this area.

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Stein resurfaces at Itaú Unibanco

Bruno Stein will be responsible for the commercial areas of the giant bank's retail and high-net-worth (wealth management) segments. He left BlackRock in March 2016 after nearly six years in a pioneering role for the company.

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HSBC Private Bank appoints US head of investment services and product solutions

Russell Schofield-Bezer will be responsible for the development and delivery of investment services and offerings to clients, the performance of discretionary and advisory mandates in the region, and the development of new initiatives and product ideas for local distribution.

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BlackRock hires Carlos Takahashi as strategist

Former CEO of the country’s largest asset manager, BB DTVM, Takahashi will now serve as advisor to BlackRock in Brazil.

Vision Advisors creates business development area, led by Javiera Prado

As a replacement for Prado in the institutional area, Vision has named an executive that had previously worked for local third-party representative Swiss Advisors.

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BlackRock’s Latam MD tapped to head firm’s Australian operation

Dominik Rohe had been working with BlackRock in New York, where he served as a managing director and head of institutional and wealth for the Latin America and Iberia region.

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Jorge Diaz departs BlackRock to join Compass Group

Compass is the leader in third-party distribution to institutional clients in the region, with more than USD 12.7 billion raised for the seven international firms: Vanguard, PIMCO, Investec, Eastspring, Nomura, UBS and Wisdom Tree.

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BTG Pactual names Pedrosa executive director of international funds area

Prior to joining BTG Pactual in June 2016, he was the Madrid-based Spanish country head of Tikehau Investment Management, a leading independent boutique with a strong focus on private debt.

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