"We believe in giving priority to providing greater flexibility and incentives to generate more savings, AAFM general manager Mónica Cavallini told Fund Pro Latin America.

To initiate marketing activity in the region, both firms chose to highlight the Shiller Enhanced CAPE fund, registered with the Chilean Risk Rating Commission on October 24, 2019.

For the fifth month in a row, the Equity class had the best result for the month. After raising BRL12.8 billion in February, the class shows net inflow of BRL36.3 billion in 2020.

Mauricio Pérez Lávin, sales manager for the Chilean, Colombian, Peruvian and Uruguayan markets at BTG Pactual, will head the sales strategy for Andean institutionals.

The deal completes Aviva’s geographical coverage of Iberia and Latin America, complementing an existing partnership with Excel Capital, which represents Aviva in institutional markets in Chile, Peru and Colombia.