Ricardo Morales, a partner at HMC Capital, believes Kames brings a unique investment outlook to the Chilean market, as well as to HMC, which already reps for Matthews Asia, Neuberger Berman, Man and Bradesco.
Piñera’s pension proposal likely to encourage cross-border investment
The candidate's campaign released a proposal that would boost employer contributions by 4%, all of it channeled to AFPs, as opposed to the current government's plan to use a government-supervised fund outside the purview of the AFP industry.
BTG Pactual to distribute funds of Fraga-led Gávea Investimentos
Ignacio Pedrosa, BTG Pactual's manager for third-party distribution, said Gávea had exceptional managers with a combination of political and business experience very difficult to find.
Principal Chile makes play for wealthy clients
The new wealth management office, headed by ex-Larrain executive Andrés Silva, will target clients with liquid net worth between USD 1 million and USD 50 million.
Natixis’s proprietary distribution arm lands its first AFP investment in Colombia
Natixis's José Luis León Dugand, country head Colombia, Panama and Peru, said the investment reflects a deepening of the confidence and knowledge of local institutional investors in the firm.
Leak: Chilean AFPs will be asked to foot up to 5% of third-party-fund fees
While an official position was not staked out by the government at Chile Day 2017 in London, on June 29 and 30, talk in the halls of the event suggests that AFP pension managers will no longer be able to pass third-party costs to the pension fund. In response, local distributors voiced their opposition to Fund Pro Latin America.
Bachelet parting gift would force AFPs to pay portion of fund fees
A few months before presidential and parliamentary elections, a reform initiative proposes that AFPs pay 10% to 15% of management fees, which would directly impact these managers’ profits, Fund Pro Latin America has learned.
Compass puts ex-BlackRock pro in charge of Lima office
Compass has promoted Jorge Díaz to head of its Lima office, after joining the firm a year ago to lead relations with institutional clients in the region. Díaz had worked for seven years at BlackRock in charge of selling iShares in Chile and Peru.
Azimut nails down first AFP investment with sale of global bond fund
While Azimut is a very strong player in Italian retail, efforts to place funds with Latin institutions has taken a while. With one AFP already investing, the firm expects tickets from a few others, as well as from family offices and FOFs.
Allfunds platform now includes exchange-traded funds of multiple firms
Beginning June 1, clients of the AllFunds platform could purchase not just cross-border mutual funds but also ETFs from iShares, Lyxor, Source and Deutsche.










