"What is coming for the future are strategies more tailored to specific needs or sectors," says HMC's Ricard Morales.
Report: Wealthy Latin Americans could use a lot more help on the advice side
Advisors could do much more to help wealthy Latin Americans understand more about cross-border funds and foreign exchange risk, according to a Morgan Stanley study. The report sees an opportunity for entrepreneurial advisors willing to service this market.
Latam private-equity and VC activity didn’t let up in 2015, trade group says
Mexico, the second most active market behind Brazil, saw a record USD 2.3 billion invested through 88 transactions in 2015, said Cate Ambrose, president and executive director of the Latin American Private Equity and Venture Capital Association.
Strong VC performance drives jump in State Street’s GX Private Equity Index
Venture capital was the best performing private equity strategy with a return of 3.87% in the quarter. However, Will Kinlaw, head of State Street Associates, warned that fund distributions are outpacing capital draws over the last 33 months. Limited partners may be at a loss on whether to reinvest these assets in private equity.
Brazilian private-equity industry enjoys 21% growth in 2013
The total capital committed by the private equity and venture capital industry in Brazil rose to BRL 100.2 billion (USD 42.4 billion) at the end of December.