The office is based in Montevideo and will also service global and regional banks with access to its investment managers based around the globe.
It is the company’s second launch in Latin America following the opening of Mexican business in 2014.
Natixis’ portfolio research and consulting group has been actively working with global and regional private banks with a view to continuing its expansion in line with the growth of its business.
The company was previously serving the southern region of Latin America through its teams in the US and Europe.
Martin Herbon, head of Uruguay and Chile for Natixis Global Asset Management, said of the new office: “Our unique model and investment approach is already resonating with investors in the region who appreciate our long track record in institutional markets around the globe and the opportunity to access a rich offer of investment solutions and insights from our affiliated asset managers.”
Sophie del Campo, general manager of Iberia and head of Latin America, added: “Our model allows each one of our 27 asset managers to focus on their independent investment style, which means more choice, more investment opportunities, better diversification, and ultimately better investment portfolios for our clients.”
Natixis is a multi-affiliate organisation that offers a single point of access to more than 20 specialised investment firms in the US, Europe and Asia.