Given their strong dependence on the banking system, the Chilean asset management industry is on edge over future compliance requirements that the CMF may impose.
Asset managers anxious as banking regulator is absorbed by Financial Market Commission
Vision to create two funds in partnership with Altment
Vision's Arturo Alegria expressed his enthusiasm for the new funds, which will be offered across institutional sectors, including family offices.
Renta4 to expand its offering of foreign funds and launch AGF
Renta4, a subsidiary of the Spanish bank of the same name, has begun to diversify its business model, adding fixed-income and high-net-worth services and a third-party fund platform to its equity-brokerage business.
Ahead of launch, AFP UNO looks to build its investment teams
Chile's newest AFP, led by a group with ties to ex-AFP Cuprum general manager Ignacio Álvarez, will start operating in October 2019 and will be the default provider for workers entering the system in 2019-2021.
Newest pension manager – Uno AFP – launches in Chile
UNO AFP expects to receive more than 350,000 workers in its first year of operation and hit USD 30 million in monthly inflows.
Ex-Principal Chile execs build USD 80 million book advising affluent clients
Value Advice's Rodrigo González says the firm targets affluent investors that are not receiving the level of service they deserve.
Vanguard to fly solo in the Andes, end institutional relationship with Compass Group
At the end of March, the US sponsor handled about USD 3 billion from institutions such as AFPs, AGFs and insurance companies.
Peruvians can use service sector to make voluntary AFP contributions
Giovanna Prialé, president of the AFP Association, noted that total voluntary AFP contributions had increased from USD 120 million in 2015 to USD 570 million in November 2018.
Investa to launch independent asset-management unit in 2019
One of the founders of the new asset management firm is Luis Aliste, ex director of investments for Santander Asset Mgt., The firm will focus intensively on private debt markets.
Andres Karmelic to take CEO helm at Sura AGF
The new CEO was serving most recently as the deputy manager of fixed-income and had previously held positions at ING Chile, which was acquired by Sura.












