Santiago Maggi, co-founder and COO of BCP Global, commented that from his perspective, the experience they have in creating comprehensive digital solutions combined with the investment solutions of BlackRock’s model portfolios, can play a key role in making investments simpler and accessible.
“Thanks to technological efficiency, banks/managers that use the BCP Global platform, together with BlackRock’s investment products, will be able to provide access to these US-domiciled accounts with lower investment minimums than would traditionally be required. This allows us to offer our investment solutions to a broader and more diverse audience,” said Federico Moncaleano, director of Distribution and Strategy for Latin America at BlackRock.
The manager noted that this alliance allows BlackRock to offer products based on model portfolios, which are designed with various risk profiles and asset allocation, and are implemented mainly through its exchange-traded funds (ETFs). “This means that investors can access a variety of investment strategies depending on the risk profile and exposures they desire. We can create specific portfolios adapted to the needs of each financial entity in particular,” commented Moncaleano.
These new BlackRock solutions are aimed at wealth investors who are looking to access investment opportunities globally through accounts in the United States, with amounts starting at $10,000, “which is very different from the much larger amounts that were historically required. to open an account in the US,” said Moncaleano.