Equity funds in both European and Asian markets were hit by the largest redemptions, of USD 423 million and USD 353 million, respectively.
Chilean AFP cross-border redemptions extend to September, with sales of USD 1.3 billion
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.
CCR Monthly Approval Report – October 2022
A total of 35 products were added in the month from seven different asset managers: Aegon, Allianz, BNP Paribas, The Colchester, Bridge, Driftwood and Vitruvian.
CCR Monthly Approval Report – September 2022
UBS, Altor and Cortland were the fund sponsors gaining approval for new products in September.
Chilean AFPs continue to shed positions in international fixed-income funds
In August, the cuts in international fixed-income funds totaled USD 255 million, while USD 85 million was invested in equity funds.
CCR Monthly Approval Report – August 2022
A total of 15 products were added in the month from six different brands: Actis, Amundi, Brookfield, Global X, M&G, and Mirae.
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.
Econsult transfers half its funds to Principal AGF
Following the agreement, the manager retains only two local feeder funds that invest in foreign real-estate assets through Brookfield.





