Principal Financial has new CEO in Mexico

Llaneza took over in April, replacing Alejandro Elizondo who became vice-president and CEO of Principal Financial International based in Iowa.

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Miami office of Morgan Stanley hooks trio from UBS

A Coral Gables-based UBS team that oversaw about USD 1 billion in client assets left to join Morgan Stanley in Miami, according to market sources.

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Mobius steps aside as head of Templeton Emerging Markets Group

Mark Mobius is to hand over the day-to-day management of Templeton Emerging Markets Group, as the company’s US-based parent, Franklin Templeton, brings under one umbrella its emerging markets divisions.

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HMC nabs ex-PineBridge manager Santiago Arias

Arias, who will be based in Chile, will help HMC with the rollout of regional equity products.

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Snowden Lane plucks two more Merrill advisors for budding NRC team

Snowden Lane Partners' non-resident-client business is staffed almost entirely by ex-Merrill Lynch personnel, as the latter firm has undergone a restructuring.

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Sura Asset Management appoints new regional CEO

Ignacio Calle Cuartas, current vice president of corporate finance at SURA Group, will replace Andrés Castro as CEO of the company as of May 1, 2016.

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HMC expands Andean reach with opening of Bogota office

Diana Roa, whose resume includes posts in the alternative-investment areas of Colombia-based Alianza Fiduciaria and AFP BBVA Horizonte, will run HMC's newest office.

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Franklin shuffles staffing as bond veteran plans exit

Takaha recently had been overseeing roughly USD 20 billion across UCITS-compliant and US-only funds. His attention was increasingly on the Franklin Strategic Income fund, which has a USD 7.4 billion US version and USD 1.5 billion in its Luxembourg-domiciled fund.

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BlackRock loses top executive at Brazilian office

A replacement has not yet been named for Bruno Stein, who played a key role in getting iShares listed on the local exchange and also pioneered in landing the first Brazilian pension allocations in cross-border funds.

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Ex-Pinebridge manager Rafael Mendoza takes charge of Investec’s GSF Latin American Equity fund

Compass Group's Carina Güerisoli, who previously ran the fund, will continue to run Investec's Latin American Smaller Companies fund.

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