Two years after its creation, the firm already has 80 independent financial advisors as associates and has closed agreements with some 20 local fund providers.
Chilean platform Sherpa Wealth exceeding growth plans, negotiating with additional managers
August 4, 2021 by
Chile’s Altis AGF hires general manager with expertise in finance and investments
July 30, 2021 by
Alfredo Tagle Silva, who has previously held investment-related positions at Banchile, Citibank, and LarrainVial, has joined the senior management team at the AGF.
Chilean AFPs plowed nearly USD 1 billion to North American equity in April, despite client withdrawals
July 27, 2021 by
The AFPs increased their exposure to cross-border equity by USD 1.3 billion during the month, while cutting holdings of fixed-income funds by USD 69 million.
BlackRock looks to individual segment as Andean pensions face reckoning
July 27, 2021 by
"We are watching closely what’s happening in the institutional market in Latin America," said Axel Christensen, director of investment strategy for Latin America at BlackRock.
Stark realities ahead for AFP industry as establishment cedes ground in election
July 25, 2021 by
Following the results of the elections for the Constituent Convention, there seems to be a broad majority in favor of restoring full responsibility for pensions and social security to the state.
Annuities: insurers making 10% advances to pensioners, despite legal appeals
July 20, 2021 by
Insurers have several complaints with the process, and warn that a redemption now will reduce payouts down the road, especially for vulnerable retirees.
CCR Monthly Approval Report – June 2021
July 2, 2021 by
A total of nine products were added in the month from five different asset managers: Allianz, Baillie Gifford, Legal & General, Vontobel and State Street.
Chilean AFPs retreat from cross-border funds in March
June 27, 2021 by
Allocations rose during the first quarter by USD 1.1 billion. That brought total assets under management for cross-border funds and ETFs to USD 89.7 billion, 67% of which was in equities.
CCR Monthly Approval Report – May 2021
June 1, 2021 by
BlackRock led with 11 ETFs of its iShares family, plus two mutual funds registered in the month, Allianz (5), AllianceBernstein (2), Wellington (2), Credit Suisse (1), Franklin Templeton (1), Invesco (1), Robeco (1) and Infravia Capital Partners (1) completed the list.
Pension withdrawals: Andean AFPs still hold lion’s share of most managers’ Latin AUMs
May 30, 2021 by
Matías Eguiguren, a partner at Picton, recognized the damage done to pension fund positions since the outbreak of COVID-19.
