Through July, the industry has logged net inflows of BRL 162 billion (USD 40 billion) year to date, more than triple the BRL 50 billion raised in the same period last year.
CCR Monthly Approval Report – October 2019
Allianz, Berenberg Aktien, DoubleLine, iShares, Kotak and Zurich were the fund sponsors gaining approval for new products in the month of October.
Becon lands distribution deal with EFG’s New Capital fund range
New Capital is the mutual fund arm of EFG Asset Management, a global investment manager with both a Dublin and Luxembourg range of funds.
Bank of America adds 40 model portfolios to Merrill Lynch Investment advisory program
New investment-manager model portfolios offer clients more choice and flexibility, with guidance from the company’s chief investment office.
Sinking interest rates boost allocations to riskier Brazilian fund classes
The Balanced-Mixed class drew USD 2.4 billion of new flows in the month, raising BRL 14 billion between January and September, the largest amount among fund classes.
CCR Monthly Approval Report – August 2019
A total of 13 products were added in the month from ninedifferent asset managers: Fisch AM, Lord Abbet, Aktia, Pictet, PIMCO, Robeco, JP Morgan, Lindsay Goldberg and Manulife.
Brazilian mutual funds raised BRL 8.8 billion in October 2019
With net inflows of BRL6.5 billion in October, the Balanced/Mixed class shows inflow of BRL62.7 billion year to date, the best result in the industry.
Habitat swarms Colombia with acquisition of Colfondos
The Chilean pension giant, which also has a small operation in Peru, is buying the USD 11.5 billion Colombian AFP from Scotiabank and Mercantil Colpatria.
Insigneo adds ex-Citi operations expert to spearhead digitalization push
Mariela Arana joined the company as it embarks on a growth strategy with a laser-focused plan on digitalizing operations to provide an enhanced client experience.
Newly-formed Chilean AGF Singular nabs 20% investment from Oaktree Capital
"We are very glad to take this next step in extending our relationship and deepening our commitment to Latin America,” said Howard Marks, co-chairman of Oaktree.







