Three moderate/progressive candidates square off on August 21 for a place on the presidential ballot. None seemed happy with the status quo in the pension space.
HMC Capital seals alliance with Manulife to distribute its Asian funds
The deal has been in force since July in Peru, Colombia and Mexico, while in Chile it will start operating in October this year.
CCR Monthly Approval Report – July 2021
A total of 12 products were added in the month from ten different asset managers: Wellington, DWS, JP Morgan, Lord Abbett, PIMCO, Clearlake CP, General Atlantic, Thomas H. Lee Partner and White Oak Partners.
Chilean platform Sherpa Wealth exceeding growth plans, negotiating with additional managers
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.
Chile’s Altis AGF hires general manager with expertise in finance and investments
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
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
"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
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
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
A total of nine products were added in the month from five different asset managers: Allianz, Baillie Gifford, Legal & General, Vontobel and State Street.




