Tech-savvy fund manager Fintual has built a proprietary platform catering to 16,000 clients. It aims to hit USD 200 million in AUM by year end, says portfolio manager Stella Melaragno.
Chilean AFPs face up to USD 20 billion in redemptions
Local distributors gamed out the winners and losers if AFP affiliates are allowed to redeem 10% of their positions. ETFs and illiquid investments such as private equity could suffer most.
BlackRock, others, eye listing of gold ETFs in Chile
Approval of gold representative securities comes as global investors focus on gold due to increased market volatility, said BlackRock's Francisco Rosemberg.
AFPs’ cross-border real-estate and infrastructure investment will not count against equity quotas
The Pension Superintendent said cross-border real-estate and infrastructure products will be classified as fixed-income investments, which should make them more attractive for AFPs.
Chilean lower chamber greenlights withdrawal of 10% of retirement savings
Unexpectedly, the bill gained the support of right-wing parliamentarians, threatening the stability of the individually funded system.
Chilean AFPs flood back into Asian equity, high-yield bonds in April
All told, the AFPs raised their exposure to equity by USD 3.4 billion during the month, while boosting investments in fixed-income funds by USD 1.8 billion.
CCR Monthly Approval Report – June 2020
A total of eight products were added in the month from seven different asset managers: Lyxor, Invesco, Charterhouse CP, GTCR , MV CP, Nordic Capital and Pantheon.
Idea of pension fund withdrawals gains ground in Chilean political and judicial arena
Though the Supreme Court can still weigh in , an appeals court ruling ordering AFP Cuprum to hand over to an affiliate all of her retirement savings has rattled the industry.
Singular strengthens local ETFs while promoting distressed-debt strategies for Oaktree
In just under two years of operations, the firm has earned a place in the market with its sponsored indexed products and alternatives offering through Oaktree.
CCR Monthly Approval Report – May 2020
Standard Aberdeen led with five mutual funds registered in the month, while BlueBay (4), KraneShares( 2), Macquaire (1), Marathon (1), Partners Group (1), Rhone (1) and The Jordan Company(1) won approval for their products.







