Over the last few months the registration process for new foreign mutual funds has been reactivated, with record times of six weeks.
Archives for December 2012
Brazil’s BTG Pactual completes acquisition of Colombia’s Bolsa y Renta
December 21, 2012 by
Brazil's Banco BTG Pactual said it has completed its acquisition of Colombian brokerage Bolsa y Renta, as it extends its presence further across Latin America.
Compass Group sees a sluggish 2013 for funds
December 13, 2012 by
According to Luis Palacios, the group’s institutional sales director, important regulatory constraints will hold back growth in the sector.
Bice Inversiones takes over distribution of Nordea in Chile
December 13, 2012 by
With this partnership the Norwegian bank aims to receive its first investments from the Chilean pension market.
Merger of Afore XXI with Afore Banorte could lead to extension of limits for foreign investment
December 13, 2012 by
XXI-Banorte will be the largest Afore which could be too big for the Mexican market, and there is also an obvious need for the regulator to extend the foreign asset investment limit.
