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EMERGING MARKETS-Dovish Fed drives Latam FX to 3-mth high; Real, sol lead


EMERGING MARKETS-Dovish Fed drives Latam FX to 3-mth high; Real, sol lead
Reuters
4/28/2021
By Ambar Warrick and Shashank Nayar
Brazil s consumer confidence jumps in April Mexico s economy likely slowed during the first quarter -poll Peru s sol set for best day in a year, bounces off record lows (Recasts with Fed meeting, updates prices) By Ambar Warrick and Shashank Nayar April 28 (Reuters) - Latin American stocks and currencies extended gains to a three-month high on Wednesday after dovish signals from the U.S. Federal Reserve hit Treasury yields and brightened the outlook for risk-driven assets. MSCI s index of Latin American currencies jumped 1.1% to its highest level since late January, after the Fed held interest rates and its monthly bond-buying program steady, and gave no sign it was ready to tighten policy. Treasury yields had dropped sharply after the statement. The Fed recognized the swift economic recovery cont ....

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Lessons From 2020: Today's OCIO Model Passes a Major Test of Governance


Pandemic shines spotlight on the importance of trusted relationships
The pandemic has challenged everyone in many ways ― personally and professionally. The coronavirus has forced investment managers and their clients to grapple with yet another black swan crisis just over a decade since the last one. What have we learned so far, especially for the growing outsourced chief investment officer market? What lessons can one take from this experience, and how might they inform the next generation of OCIO providers and clients?
These are the questions and topics OCIO providers have been thinking about even as the COVID-19 pandemic continues to leave its mark around the world. ....

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