The AFPs ended February with USD 82.1 billion invested in cross-border funds and ETFs, 69% of which was in equities.
Chilean retirement regime needs more creativity and flexibility, says mutual fund trade group
March 30, 2020 by
"We believe in giving priority to providing greater flexibility and incentives to generate more savings, AAFM general manager Mónica Cavallini told Fund Pro Latin America.
TIAA-CREF slashes its fund offering in Chile
March 27, 2020 by
The manager requested the CCR to withdraw 14 of its registered funds.
CCR Monthly Approval Report – February 2020
March 24, 2020 by
A total of 12 products were added in the month from nine different asset managers: Allianz, JP Morgan, Sycomore, Vanguard, Ardian, Clayton, Dubilier & Rice, New Mountain, Newbury Partners, and StepStone.
Chile AFPs add to emerging markets bonds in January
March 23, 2020 by
The AFPs finished January with USD 84.4 billion invested in cross-border funds and ETFs, 70.5% of which was in equities.
AFPs have a lot on the line as Chilean senate takes up pension reform
February 20, 2020 by
Under discussion is the creation of non-profit AFP cooperatives to compete with existing AFPs and forcing AFPs to return part of their fees (20%) in the event of negative returns, among other items.
Abrupt exit for Itaú Corpbanca CEO
February 7, 2020 by
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.
