Chilean wealth management clients optimistic

A survey reveals that in the global crisis, Chileans are relying more on local investment instruments. Most investors are guided by newspapers and magazines when taking decisions, against 39% who use financial advisors.

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Private equity managers are enthusiastic about Provida’s decision

The largest Chilean AFP has set up an Alternative Investment Department which may reflect a long-term view that opens the door to less liquid instruments.

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Picton Advisors takes on Morgan Stanley distribution in Chile

The distributor is also preparing a global private equity closed-end investment fund with Warburg Pincus.

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Corfo sees ending support for private equity by 2030

The state entity says 33% private participation in financing was achieved in 2012, and expects this figure to reach 60% by 2020.

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Chilean managers eye Luxembourg

By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.

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