Economist and consultant Gustavo Moreno Montalvo anticipated a not-so-winding road for the presidential reform proposal.
CCR changes criteria and reinstates Allianz funds
In October 2022, Allianz was authorized to distribute 26 strategies to Chilean pension funds.
Latam Financial Services lands in Chile with funds from Virtus
The offshore-fund market operating from Uruguay is still growing, but we believe it is reaching a mature stage, says LFS's sales manager María José Fossemale.
Excel Capital seeks closer ties with clients in Uruguay
"Our opening in Uruguay is simply related to the need to be face to face with advisors," says Excel's Cristián Reynal,
Alberto Menéndez leaves institutional distribution at Credicorp to join State Street
The executive will take over management of the State Street office in Chile. The US firm maintains its distribution agreement with Credicorp.
BanBif: retail wealth that left Peru could remain abroad
"At the individual level alone, savings of around USD 8 billion have left Peru,” Roberto Montero, manager of BanBif's wealth banking division, told Fund Pro Latin America.
Pension reform in Colombia could arrive in 2023 with focus on coverage
Just 1 in 4 older Colombians has the means to retire, and just 40% of active citizens make contributions, says consultant Andrés Felipe Izquierdo Aguiar.
Fintech law may be nearer to passage thanks to client-data agreement
The law would create a regulatory framework for the activities carried out by third parties via the internet, including distribution of mutual funds.
Chilean alternatives industry on alert due to Boric tax proposal
Acafi expressed its concern about a proposed tax increase on dividends, which could be a major disincentive for investors.