Jorge Sierra, director at Mirae Asset in Brazil, said the Korean firm will attack both institutional and individual investors with the launch. The local feeder invests in the USD 700 million Mirae Asia Great Consumer fund, whose benchmark is the MSCI Asia Ex-Japan index.
Franklin adds to Mexican fund lineup in fixed-income segment
October 6, 2015 by
Hugo Petricioli, the Franklin's director and country manager in Mexico, said the launch would expand its product line and make "our investment strategies available to more investors."
CCR Monthly Approval Report – September 2015
October 1, 2015 by
AXA and Fidelity registered six new mutual funds, while Nordea had three new funds approved.
Goldman Sachs gets in the ETF game with launch of US Large Cap vehicle
October 1, 2015 by
"Our clients asked us to apply our investment expertise to exchange-traded funds," said Michael Crinieri, GSAM's global head of ETF strategies. “We believe ActiveBeta ETFs create solutions for them and capitalize on our global reach and deep knowledge of the markets.”
Santander to market its first Lux funds to Chilean AFPs
September 30, 2015 by
Santander Asset Management has formally joined the ranks of international firms distributing to AFPs in the country, with the approval of a European Dividend and a Latin American Corporate Bond fund, said María Paz Hidalgo, CEO of Santander Asset Management Chile.
Schroders bets on Brazilian pensions, launching European fund with Banco do Brasil
September 10, 2015 by
Schroders put up USD 6 million in seed money to get the Brazilian-domiciled feeder fund off the ground.
CCR Monthly Approval Report – August 2015
September 1, 2015 by
While Edmond de Rothschild led with four mutual funds registered in the month, Neuberger Berman and Santander also won approval for two products of their own.
Aberdeen continues alternatives push with new UCITs launch
September 1, 2015 by
The fund launch builds upon Aberdeen's efforts to diversify its product lineup, which it has also done via the acquisitions of Arden Asset Management and Flag Capital Management.
Deutsche adds to suite of international currency-hedged ETFs
August 21, 2015 by
“As a European-based bank, we have been able to leverage our local insight to offer the most comprehensive suite of currency-hedged international equity ETFs in the US,” said Fiona Bassett, head of passive products in the Americas.
HSBC launches European equity FOF to institutional and affluent investors
August 16, 2015 by
HSBC Brazil currently has USD 291 million in AUM in its family of funds of international funds. These AUMs will be transferred to Bradesco pending a successful completion of Bradesco's acquisition of HSBC in Brazil.
