Asset Management

PODCAST : Timing is everything  

Corporate & Sovereign Strategy Bonds Debt

BNP Paribas’ Florence Pourchet talks about the economic and market conditions in the region, renewable energy investing and the post-COVID climate

Alpes to sell majority stake in Chilean football club

Equity M&A Andean

Sartor investment fund to buy the 63% in U. de Chile-owner Azul Azul from Carlos Heller investment firm

Fibra Soma seals syndicated loan

Loans Debt Equity

Mexican REIT borrows $200 mln from Santander and BBVA days before listing shares on the BIVA

JPMorgan appoints new LatAm CEO

Asset Management People Latin America

Alfonso Eyzaguirre will be the boss in Latin America and Canada and the head of investment banking in Latin America

US-based LatAm equity funds have small net inflow in latest week  

Fixed Income Equity Funds

Fund flows modestly positive, but assets under management drop by nearly $700 mln in down market for the week ended March 3

Lexington Partners makes hire in Brazil

People Equity Funds

US investment firm names former Pão de Açúcar CEO Cássio Casseb as an adviser in its recently opened office in São Paulo

Fitch downgrades Sura's asset management business

Credit Ratings Fitch Ratings Downgrade

Sura AM faces "downside risks" as the economic impact of the COVID-19 pandemic remains unclear, rating agency says

Posadas checks out of restructuring talks

Corporate & Sovereign Strategy Bonds Debt

Mexican hotel operator ends discussions with Rothschild as ad-hoc group shrinks to represent holders of less than 25% of 2022 bonds

JPMorgan discontinues private bank services for locals in Mexico

Latin America Mexico Corporate & Sovereign Strategy

Onshore clients are directed toward BBVA as an alternative for wealth management services, source says

Posadas checks out of restructuring talks  

Corporate & Sovereign Strategy Bonds Debt

Mexican hotel operator ends discussions with Rothschild as ad-hoc group shrinks to represent holders of less than 25% of 2022 bonds

Fitch upgrades YPF to CCC

Bonds Credit Ratings Fitch Ratings

Rating agency says Argentina's state-owned energy will save around $105 mln in annual interest payments after a recent restructuring deal

SoftBank, Invus steer investments in Descomplica

Equity Brazil Asia

Six other investors participate in a $85 mln fundraising round for the Brazilian edtech company

Bondholders see Argentina taking 'reckless bet'

Corporate & Sovereign Strategy Economy & Policy Bonds

Creditors say the government is failing to restore economic growth and investor confidence, despite positive global tailwinds

Amundi forms emerging markets green fund

Funds Bonds Fixed Income

Crédit Agricole-owned fund manager includes Brazil in plans to buy corporate and sovereign green bonds

YPF reaches restructuring deal

Asset Management Bonds Debt

Argentine oil company plans to issue $2.1 bln in new bonds as part of a debt swap