Two ETFs, two mutual funds and one alternatives product gained CCR approval to kick off 2023. Sponsors gaining approval were Barings, GemCap, BNP Paribas, UBS and GlP.
International bond funds captured Chilean AFP investments in November
Pension funds increased their international debt portfolio by a total of USD 250 million in November 2022. Products specializing in the high-yield segment led subscriptions.
CCR Monthly Approval Report – December 2022
Ninety One and America Securities were the fund sponsors gaining approval for new products in December.
Global bond funds attracted AFP allocations in October
Even though AFPs continue shedding positions in cross-border funds and ETFs, global bond funds took in USD 136 million in new money in October.
CCR changes criteria and reinstates Allianz funds
In October 2022, Allianz was authorized to distribute 26 strategies to Chilean pension funds.
CCR Monthly Approval Report – November 2022
A total of five products were added in the month from the following asset managers: Eastspring, Jupiter, Neuberger Berman, UBS and Stonepeak Partners.
Chilean AFPs continued to shed positions in international funds and ETFs in July
Among equity products, redemptions totaled USD 672 million in the month, while fixed-income products lost USD 357 million.
Chilean AFP cross-border redemptions extend to September, with sales of USD 1.3 billion
Equity funds in both European and Asian markets were hit by the largest redemptions, of USD 423 million and USD 353 million, respectively.
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.
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.






