Expand the Market Through Quality is the proposal put forward by LarrainVial and Invesco. This approach underpins the strategic partnership both firms have established for LatAm and the U.S. offshore market, which they recently celebrated in the financial heart of Miami at an event sponsored by S&P Global. The event featured Rhett Baughan, Head of U.S. Offshore Distribution at Invesco; Andrés Bulnes, Partner and Global Head of Distribution at LarrainVial; Manuel González, Index Investment Strategy Specialist at S&P Dow Jones Indices; Paul Jackson, Global Market Strategist and Global Head of Asset Allocation Research at Invesco; and Joseph Nelesen, Head of Specialists, Index Investment Strategy at S&P Dow Jones Indices.
In front of more than 150 members of the investment community, professionals from both firms discussed the main market trends and the future of investing, reaching a clear conclusion about how their partnership fits into the current industry landscape: only by joining forces through quality in education, product innovation, and market access will it be possible to expand markets. “Our agreement with Invesco reflects our commitment to our third-party distribution business, a strategic pillar of our business. It represents a long-term commitment to connecting global asset managers with institutional and private wealth clients across Latin American markets and the U.S. offshore market,” said Andrés Bulnes, Head of Institutional Distribution at LarrainVial.
According to Bulnes, the partnership is allowing the firm to move into a new phase that represents its natural evolution, with innovation at its core. “It strengthens our ETF capabilities, deepens our integration, and accelerates our ability to deliver differentiated, best-in-class investment solutions to investors. None of this would be possible without the strong leadership and alignment between our teams and those at Invesco,” Bulnes added.
Within the firm’s team, commercial efforts in the U.S. offshore market are led by María Elena Isaza and Julieta Henke, Managing Directors and Co-Heads of Sales for U.S. Offshore Distribution at LarrainVial, who in just seven years have helped grow the firm’s distributed assets to 13 billion dollars. They are joined by Alejandra Saldías, who will play a key role in designing the firm’s ETF sales strategy as Head of ETF Sales LatAm and U.S. Offshore, with the goal of extending LarrainVial’s ETF positioning in Latin America to the U.S. offshore market. At the same time, Rhett Baughan, Head of U.S. Offshore Distribution at Invesco, works in close coordination with the LarrainVial team to strengthen client relationships and broaden the reach of the firm’s offering in this segment.
Currently, LarrainVial manages 65 billion dollars in assets and operates across the Americas with more than 900 professionals, combining local expertise with global standards. “For more than 18 years, we have built a relationship based on discipline, execution, and consistent growth. Today in Latin America, we distribute more than 9 billion dollars in Invesco mutual funds and 16 billion dollars in its ETFs. In addition, our U.S. offshore business has grown over the past seven years to reach 13 billion dollars in assets, positioning us as a relevant distributor in this segment,” the LarrainVial executive noted.
By Funds Society