Javier Alamillo told Fund Pro Latin America that the Mexican asset manager will launch a new multi-thematic fund after the launch of its latest global ESG product with Robeco.
Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore
The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.
Over USD 1 billion flowed to global managers via Brazilian funds in 1H 2020
Managers with a local presence in Brazil are finally benefiting from their early-mover status in Brazil, among them Western Asset, PIMCO, JPM and Schroders.
Global managers gain access to Latam markets via new Santander FOF launches
The Spanish firm is launching UCITS FoFs with Amundi, Morgan Stanley, Robeco, JPMorgan and PIMCO. The products will be distributed in Latin America either directly or via locally domiciled feeders.
Chilean AFPs flee fixed income in November selloff
Emerging market bond funds took the biggest hit in November, with pension managers withdrawing USD 565 million from the category.
Brazilian retail clients poured USD 2.5 billion into PIMCO fixed-income feeder in 2017
PIMCO's Brazil-based VP, Luis Otavio Oliveira, said the Brazilian fund, which invests in the US-domiciled PIMCO Income Fund became more attractive during the year when CDI yields started to tumble.
Brazilian funds ended 2017 with USD 30 billion in offshore investments
The major sponsors of globally-oriented funds in Brazil - in particular Western Asset, JP Morgan and Claritas - all benefited from the uptick. The expectation is for additional managers to enter the space.
Affluent investors flocked to cross-border funds in first half
Wealth-management clients in the US and Latin American offshore markets were attracted to strong returns across a range of regions, though they've grown more conservative in the second half, says Richard Garland, managing director at Investec Asset Management.
Pimco puts on asset-gathering master class in Brazil
Pimco's Brazil-domiciled feeder funds, which invest in cross-border Pimco products, raised roughly USD 350 million in the first six months of 2017, with AUMs jumping from USD 61 million to USD 419 million. Luis Otavio Oliveira, Pimco's VP of business development, explains how.
PIMCO scores with currency-hedged Brazilian fixed-income fund
"We decided to offer a fund protected from currency volatility," said Luis Otavio Oliveira, vice president of PIMCO and responsible for business development in Latin America.