Latin America News

Mexico Market Review - April 2019

Latin America | Market Reviews

21 May 2019 by Martina Tsvetkova & Marc Wolterink

The SRP Mexico database closed April 2019 with 687 new structured products made available to the market through six different providers. The investment environment was predominantly risk-averse and oriented toward short-term strategies.

SRP Americas Awards: BBVA takes the lead in Mexico and Peru

Latin America | Conferences

17 May 2019 by Pablo Conde

BBVA took over Citi in 2018 as the second most prolific issuer in Mexico with a 18.9% market share (US$1.7 billion). Securities firm Monex continues to dominate the market (over 50% market share, worth US$ 4.9 billion). However, its main achievement was to deliver the top 10 best performing products in the country.

EXCLUSIVE: Citi parts ways with industry stalwart

International | People

15 May 2019 by Pablo Conde

The US bank continues to phase out some of its more senior executives as its new global retail client and product strategy is implemented

SRP Americas 2019: Monex distribution base behind structured products success

Latin America | Conferences

15 May 2019 by Jihye Hwang

Monex topped Mexico’s distributor ranking in terms of sales for the seventh consecutive year. The company is behind half of the products sold in the South American country.

SRP Americas 2019: Itau beats foreign providers

Latin America | Conferences

15 May 2019 by Pablo Conde

The Brazilian lender marketed the products with highest sales weighted performance in 2018.

Mexico Market Review – March 2019

Latin America | Market Reviews

30 Apr 2019 by Martina Tsvetkova & Marc Wolterink

Some 741 structured products from eight different providers struck in March, up by 10% in issuance and by 18% in respect of sales volumes compared to the previous month. In annual terms, the number of new strategies grew significantly during the first three months of 2019 to reach 1,949 products worth MXN81.69 billion (US$4.28 billion) by the end of March.

Brazil Market Review - Q1 2019

Latin America | Market Reviews

30 Apr 2019 by Martina Tsvetkova & Marc Wolterink

Five hundred and thirty-eight products worth an estimated BRL6.56 billion (US$1.5 billion) struck in Brazil in the first quarter of 2019, a 33% decrease in issuance compared to the last quarter of 2018, SRP data shows.

Baml elevates head of FICC sales and structuring, Americas

International | People

22 Mar 2019 by Pablo Conde

Bank of America Merrill Lynch (Baml) has reshuffled its fixed income, currencies, and commodities division (FICC) with the head of sales and structuring in the Americas for the division, Karen Fang, shifting to a more senior role in trading, according to an internal memo.

Brazil COE market marks fifth anniversary with over US$4 billion AUM

Latin America | Products

19 Mar 2019 by Pablo Conde

Issuance of structured notes (certificado de operações estruturadas –COEs) in 2018 reached almost R$11 billion (US$2.9 billion)