Affiliates withdrew close to USD 20 billion under an initial emergency program to help savers get through COVID-19.
Wealthy likely to move AFP money to tax-deferrable local investments
December 11, 2020 by
To avoid a tax hit, higher earners may shift their redemptions to local mutual funds using the voluntary retirement framework.
CCR Monthly Approval Report – November 2020
December 3, 2020 by
UBAM, Schroder, Axa, AZ Fund, Legg Mason, Lyxor, Pinebridge, DWS, Harrison Street and Kohlberg Kravis Roberts & Co. were the fund sponsors gaining approval for new products.
Chilean alternatives firm raises USD 1.1B from HNW, institutional sectors
November 25, 2020 by
Frontal Trust's original focus was on real estate, but in the last five years the firm developed expertise in private debt, private equity and infrastructure, said GM Carmen Vicuña.
CCR Monthly Approval Report – October 2020
November 9, 2020 by
Berenberg, Candriam, Credit Suisse, Ninety One, UBS, iShares, State Street, Crow Holdings, Goldman Sachs and TCV were the fund sponsors gaining approval for new products listed on the month.
Proprietary and third-party funds fuel Ameris’s rise in Andean institutional circles
November 19, 2020 by
Since 2019, the firm has raised USD 1 billion for third parties, while its local alternatives launches have garnered USD 1.5 billion.
Chilean AFPs see heavy outflows in August as savers redeem pensions
October 13, 2020 by
The AFPs decreased their exposure to international equity by USD 4.1 billion, while shaving USD 547 million from their holdings of fixed-income funds.
Chilean Congress floats measure to allow an additional 10% emergency withdrawal
October 13, 2020 by
If the measure were to pass and another round of redemptions was allowed, AFP AUMs could fall by as much as USD 34 billion.
CCR defines special procedure for gold securities
October 12, 2020 by
The rating commission laid out the conditions for approval, relating to the manager’s experience, quality of the custodian, and the fund size.
CCR Monthly Approval Report – August 2020
October 12, 2020 by
A total of 25 products were added in the month from seven different asset managers: iShares, M&G, BlueBay, Invesco, Ashmore, Goldman Sachs and
DIF Capital Partners.
