Santander and Amundi registered four and three mutual funds in the month, respectively, while five other managers also won approval for one product of their own.
Deutsche X-trackers platform now includes enhanced-beta ETFs
“We are excited to launch our first suite of enhanced beta ETFs in the US,” said Fiona Bassett, head of passive in the Americas. “We believe this new suite complements our expertise and commitment to bringing innovative and relevant investment solutions to market."
BBVA Bancomer, Morgan Stanley team to launch global multi-strategy fund in Mexico
The new vehicle joins six other international funds on the platform of BBVA Bancomer, which has already signed subadvisory deals with global firms BlackRock, Franklin Templeton and Pioneer Investments.
CCR Monthly Approval Report – October 2015
While WisdomTree and iShares led with three and two ETFs, respectively, registered in the month, Franklin Templeton, PineBridge and JP Morgan also won approval for funds of their own.
Pioneer’s Euroland Equity fund re-opens for new investment
According to Fund Pro Latin America, as of Sept. 30, Chilean pension fund managers (AFPs) and mutual fund managers (AGFs) had USD 15.2 million invested in fund, which is designed to build a high-conviction portfolio focusing on "superior investment ideas" within the Eurozone universe.
Scotia enlists BlackRock as subadvisor of global FX fund in Mexico
Ernesto Diez, CEO of Scotia Fondos, said the Canadian firm's strategy is to offer clients integrated solutions so they can adequately diversify their investments, either working with in-house managers or third parties.
Columbia Threadneedle teams with institutional heavyweight Rio Bravo in Brazil
Columbia Threadneedle’s Joseph Sweigart said his firm is teaming with independent manager Rio Bravo Investimentos to launch a Brazilian-domiciled European-equity fund targeting Brazil’s corporate-pension market.
Chilean managers swayed by PineBridge’s local presence and global perspective
"In the last two years, investors have shown great interest in equity funds in Asia and India, along with private capital funds focused on loans and secondary funds," said Stacy Steimel, managing director at PineBridge Investments in Santiago.
Mirae’s Brazilian arm to launch local feeder investing in Asia ex-Japan
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
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."