Jorge Claude, general manager of the Chilean Insurance Association, said the bulk of life insurer investment, both inside and outside the country, focuses on fixed income since these instruments can be used to match the companies’ long-term payment commitments.
Sura well-positioned to build on its USD 120 billion asset base
December 10, 2014 by
Sura Asset Management is the only actor in the pension business in the region with presence in the four major markets: Chile, Colombia, Peru and Mexico. Its consolidated assets under management represent a 23.4% market share in the countries where it operates.
Deutsche in Latin roadshow promoting ETFs with tactical asset allocation model
November 19, 2014 by
The strategy was explained in a Nov. 11 seminar on Megatrends in Passive Investment Strategy, held in Santiago, with the participation of executives from this manager, representatives of MSCI, Morningstar and the Chilean Ministry of Finance, among others.
PineBridge well-placed to take advantage of Latam private-equity opportunities
November 19, 2014 by
Stacy Steimel, managing director, portfolio manager, and head of Latin America Equities, said her firm currently has a preference for the secondaries market, focusing on smaller transactions, as well as private credit.
Cristóbal Monje, ex BlackRock exec, joins Fidelity in Chile
November 19, 2014 by
Monje is one of the first hires following Fidelity's touchdown in Santiago, from where it will be seeking to widen the scope of its institutional business in the region.
Affluent Chileans shifting capital to cross-border markets
November 12, 2014 by
Due to the higher exchange rate and uncertainty about tax reform, international exposure in typical HNW portfolios may have topped 50%. Tax reform, a weaker currency, and poor returns in the local market are behind the shift.
Compass Group seals distribution agreements with Nomura and Fortress
November 12, 2014 by
Compass's mutual fund platform offered to Chilean institutional investors is now formed by PIMCO, UBS Global Asset Mgt., Vanguard, and five others, while their offering of alternative funds includes Bain Capital, Fortress and two others.
Chilean firms Falcom and Larrain launch Lux fund targeting Mexican fixed income
October 27, 2014 by
The two firms are partnering to launch a Mexican fixed-income fund, Larrain Vial Falcom Mexican Fixed Income Fund. This strategy is a novelty among Luxembourg-domiciled SICAVs, and will give investors in Latin America, Europe and Asia a new way to gain exposure to Mexico.
Compass Group expands real-estate portfolio with USD 86-million placement
October 22, 2014 by
The firm's launch of an USD 86 million real-estate fund in Uruguay joins existing products investing in Peru and Mexico.
BICE Inversiones selected to distribute funds of Korea-based Mirae Asset
October 22, 2014 by
Bice's Enrique Santibáñez (photo) said the funds to be registered with the Risk Rating Commission (CCR) in Chile and offered to AFPs in Chile, Colombia and Peru are the Asia Sector Leader and the Asia Great Consumer funds.
