Openfunds billed as new global standard for fund data interchange

"Openfunds," developed jointly by UBS, Credit Suisse, Julius Baer, Fundinfo AG and others, provides a widely accepted standard for efficient fund data transmission, says Michael Partin, Openfunds committee member and CIO of Fundinfo.

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UBS names celebrated Citigroup vet as Americas vice chairman

Ed Montero had spent more than 50 years at Citigroup, most recently holding the position of vice chairman of Citi Private Bank and Wealth Management Latin America.

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Credit Suisse adds several UBS wealth managers to Mexico-based team

Under CEO Tidjane Thiam, Credit Suisse's new strategy is centered on the expansion of wealth management operations in emerging markets, including Mexico and Brazil.

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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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Banco do Brasil selects four European experts for new range of global feeders

Carlos Takahashi, CEO of BB DTVM, said the Brazilian asset management giant plans to offer the products to a cross-section of domestic investors, from pensions to individuals, thanks to recent rule changes in the domestic market.

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Compass Group Mexico wants a piece of the Afore market

In an interview with Latin Asset Management, José Ignacio Armedariz and Luis Palacio said they will be very active in the next two years offering Afores new alternatives to benefit the pension managers' international portfolios.

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Compass Group to take over distribution of UBS for the region

Chilean and Peruvian pension funds currently hold investments in funds of this global asset manager.

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