AFPs will soon have funds domiciled in 11 different markets.
Archives for March 2012
Registration of funds: a situation that managers have taken on board
Whether because of the procedure developed by the regulators or the AFPs themselves, it is not possible to place a fund until three months after the start of the process.
Aseguradoras redujeron sus utilidades en 59.1% durante 2011
Mercado asegurador en su conjunto registró ventas totales que alcanzaron los USD9,681 millones en 2011.
Principal buys stake in Claritas
As part of its long-term strategy to boost its presence in Brazil it will buy a 60% percent indirect ownership stake in the Brazilian mutual fund manager.
Aberdeen has been appointed investment adviser to the Credit Suisse Equity Fund Brazil and Bond Fund Brazil
The equity strategy will be managed by Devan Kaloo, head of Global Emerging Markets, while the bond strategy will be managed by Brett Diment, head of Emerging Market Bonds.
HMC starts the year raising over US$400 million from AFPs
Ricardo Morales, partner of HMC - firm associated with the Brazilian firm Itajuba Investimentos - says they achieved sales for managers Matthews, Neuberger Berman, BlueBay and East Capital.