Manuel Olivares Rossetti stepped aside at the end of January 2020 after a barely a year on the job. He had joined the firm from BBVA Chile.
In tactical move, Chilean AFPs retreated from equities in December
February 6, 2020 by
The AFPs finished December with USD 84.3 billion in cross-border funds and ETFs, 71% of which was in equities. iShares remained the leading asset gatherer despite hemorrhaging USD 1.2 billion in the month,
With Asian fund at USD 1 billion, Veritas looks to grow AFP offering
February 6, 2020 by
A China-oriented fund could may be joining Veritas's sole Chilean offering, managed by Ezra Sun, which has raised USD 1 billion.
Local advisors witness asset shift abroad amid Chilean unrest
February 5, 2020 by
Multi-family offices and the HNW segments of local banks have followed large family offices in moving wealth outside the country, advisors told Fund Pro Latin America.
CCR Monthly Approval Report – January 2020
February 4, 2020 by
Lazard, Credicorp Capital, Franklin Templeton, Pictet, Aditya Birla Sun Life, Altamar, Golden Gate, CarVal Investors, Golub, Kayne Anderson and Monarch were the managers registering products in January 2020.
CCR Monthly Approval Report – December 2019
January 13, 2020 by
SEI and LFDE, La Financière de l'Echiquier, led the list of registered investment products with five and three mutual funds, respectively, followed by Morgan Stanley and Wellington each with one product approved.
CCR lowers bar for alternatives managers seeking approval
January 3, 2020 by
Alternatives managers no longer need to show a USD 5 billion allocation in a specific asset class in order to gain CCR approval to sell to AFPs.
Picton closes the year with a recognition and regional presence
January 18, 2020 by
Picton has signed mandates with firms like KKR, TPG, Ares, American Securities, Hamilton Lane, EQT, Permira and Apollo, among others.
Chilean AFPs poured into Asian equity in November while continuing to cut fixed-income
January 5, 2020 by
The AFPs finished November with USD 82 billion invested in cross-border funds and ETFs, 73% of which was in equities.
Chilean AFPs yanked USD 2.2 billion from cross-border products in August
October 7, 2019 by
The AFPs further reduced exposure to their top allocation, Asian equity, by USD 689 million in August, after having pulled out USD 707 million in July.
