Schroder Brazil's Fernando Cortez told Fund Pro Latin America the firm is pushing to have eight feeder funds on offer by the end of 2018, many distributed exclusively via large third-party banking networks.
Schroders bolsters Chilean presence with Banchile tie-up; eyes role in alternatives
The appetite for alternative products from clients in the region is here to stay, says Schroders' head of South American distribution, Alex Toledo.
XXI Banorte quickly funds Pan-Asian mandate with USD 850 million in disbursements
The latest implementation of XXI Banorte's international diversification strategy, led by CIO Sergio Mendez, has been entrusted to JP Morgan, Investec, BlackRock and Pioneer Investments. The process took just four months.
XXI Banorte plans early 2017 RFP
XXI is the most active Afore in terms of international mandates, having announced a USD 150 million mandate with Pioneer, new disbursements in its European mandate with BlackRock and Schroders, and, according to CIO Sergio Méndez, an upcoming RFP in early 2017.
Afore XXI-Banorte to proceed with Asian equity RFP
Afore XXI-Banorte's Sergio Mendez says the pension manager will proceed with its plan to launch an Asian equity mandate, first announced by Fund Pro Latin America in March of 2016.
Stronger Real spurs selloff of international funds in Brazil
BB DTVM's major partners are BlackRock, Nordea, JP Morgan and Schroders, who represent more than 70% of total AUM of its international products, said Ricardo Forni, product manager.
Hartford Funds partners with Schroders to expand investment platform
“This relationship will allow us to expand the breadth of our investment capabilities and continue to deliver quality solutions to US investors, both now and in the future,” said Jim Davey, president of Hartford Funds.
Afore XXI Banorte lines up three more mandates, including Asian equities and commodities
With these three mandates, the country's largest Afore plans to increase its international investments up to 9% of its total assets under management - just over USD 3.2 billion out of a total of USD 36.4 billion managed, said Ignacio Saldaña, investment director.
Afore XXI Banorte funds its first mandate with initial disbursement to BlackRock
Two years after naming Schroders and BlackRock winners of a USD 1.2 billion European mandate, Afore XXI Banorte disbursed USD 320 million to BlackRock. The mandate is the first to use the newly minted custody platform build by State Street.
Chilean AFPs rediscovered global equities in October, to the delight of cross-border managers
October was a good month for active managers Julius Baer, Deutsche, Schroders, Investec and Robeco, while ETF providers iShares and Vanguard finally caught a break as AFPs finally began taking positions in equity again.