As BTG attempts to rebuild its global-fund distribution team, it faces the defection of not only Columbia Threadneedle but also Aberdeen, which at one time had gathered nearly USD 6 billion from Chilean AFPs.
AFP Profuturo reformulates its investment team
November 13, 2015 by
Gino Bettochi recently took over as CIO, as two key executives departed for roles outside the pension industry. The firm also named a new fund selector.
Azimut sets up Chilean distribution arm backed by European fund offering
November 13, 2015 by
Azimut, headed by Alejandro Citterio in Chile, arrives precisely at a time when institutionals are increasing their positions in Europe and looking for opportunities in different sectors and asset classes. A look at AZ Andes' Latin American distribution strategy.
Credicorp looks for passive manager to complete its already diverse offering
November 4, 2015 by
Ignacio Montes explained to Fund Pro Latin America the strategy behind working with global firms such as Partners Group, Apax Partners, ICG, Colony Capital, Madison Dearborn Partners, Grosvenor Capital, Candriam, Allianz , TCW, MetWest, and Highland Capital.
Highland Capital signs Andean distribution deal with Credicorp
October 23, 2015 by
The products of Highland, whose president is James Dondero, will provide AFPs and other institutions an alternative to high-yield funds, with a focus on senior bank loans in the US and floating-rate debt.
Chilean Congress ratifies double-taxation treaty with US
October 19, 2015 by
The agreement is being viewed closely by sponsors of cross-border funds on offer to Chilean pension funds, since the AFPs have historically avoided investment in US funds in order to avoid the withholding tax on capital gains and dividends.
BTG Pactual’s top two cross-border-fund distributors quit; rumored to set up own firm
October 14, 2015 by
The abrupt departures could impact the distribution of brands such as Aberdeen, Aviva, Credit Suisse, Henderson, State Street and Columbia Threadneedle.
Chilean managers swayed by PineBridge’s local presence and global perspective
October 14, 2015 by
"In the last two years, investors have shown great interest in equity funds in Asia and India, along with private capital funds focused on loans and secondary funds," said Stacy Steimel, managing director at PineBridge Investments in Santiago.
Santander to market its first Lux funds to Chilean AFPs
September 30, 2015 by
Santander Asset Management has formally joined the ranks of international firms distributing to AFPs in the country, with the approval of a European Dividend and a Latin American Corporate Bond fund, said María Paz Hidalgo, CEO of Santander Asset Management Chile.
Volcom Capital to distribute Nikko and Ardian funds in Chile
September 18, 2015 by
"It's a nice challenge and I think I have learned from the best, which is Compass Group," said Felipe Larraín, ex-manager of Compass's institutional distribution business and now head of Chile's newest multi-brand distributor, Volcom Capital.
