Among other things, a pioneering initiative between Itaú and Door Dash clone Rappi aims to make new, nimbler digital financial solutions more widely available in Chile.
Matthews Asia turns over Latin American institutional distribution to Picton
Matthews had previously been using HMC Capital as its Andean distributor, but moved to Picton after a thorough partner search.
Sura in Chile expands alliances with local and international fund firms
Following its open architecture philosophy, Sura has inked deals in 2021 with Morgan Stanley, Toesca, Sartor, and Ameris Capital to bring new options to clients, says Renzo Vercelli.
Chilean AFPs plunge back into cross-border products after 2020 raid by savers
AFPs injected USD 2.3 billion into cross-border funds and ETFs in the month of January 2021.
Election delay will increase pressure for third pension withdrawal
The legislative process has already begun and promoting this type of action will be very popular during the election campaign.
Chilean law snuffs out market timer seen as nuisance by industry
A bill requiring that pension advisories register with regulators and hold an insurance policy led to the closure of local pariah Felices y Forrados.
CCR Monthly Approval Report – March 2021
State Street led with eight ETFs approved, followed by Dimensional with two mutual funds, and Axa, BMO, GAM, UBS, and PAI Partners with one product each.
Exclusive: Franklin Templeton ends Andean distribution partnership with Vision
Arturo Alegria said Vision maintains relationships with AllianceBernstein and Altment Capital, in addition to the alternatives boutiques Cheyne and Lansdowne.
Piñera cracks whip on Congress to avoid third withdrawal from AFPs
The Senate seems unlikely to pass a bill allowing AFPs to touch any additional money flowing from worker paychecks to meet pension obligations.
CCR Monthly Approval Report – February 2021
A total of eight products were added in the month from six different asset managers: Matthews, Eurizon, Allianz, JPMorgan, Genstar Capital and Valor Management.