Chilean AFPs added USD 554 million to cross-border funds and ETFs in April, taking in more emerging-market bonds and Latin American equity as they continued to seek yield amid high valuations.
Vision to create two funds in partnership with Altment
Vision's Arturo Alegria expressed his enthusiasm for the new funds, which will be offered across institutional sectors, including family offices.
CCR Monthly Approval Report – September 2019
Amundi, Axa, Court Square, DWS, Eurizon, First Trust, Hayfin, Lazard, Man, UBS were the fund sponsors gaining approval for new products in September.
Renta4 to expand its offering of foreign funds and launch AGF
Renta4, a subsidiary of the Spanish bank of the same name, has begun to diversify its business model, adding fixed-income and high-net-worth services and a third-party fund platform to its equity-brokerage business.
Ahead of launch, AFP UNO looks to build its investment teams
Chile's newest AFP, led by a group with ties to ex-AFP Cuprum general manager Ignacio Álvarez, will start operating in October 2019 and will be the default provider for workers entering the system in 2019-2021.
Newest pension manager – Uno AFP – launches in Chile
UNO AFP expects to receive more than 350,000 workers in its first year of operation and hit USD 30 million in monthly inflows.
Ex-Principal Chile execs build USD 80 million book advising affluent clients
Value Advice's Rodrigo González says the firm targets affluent investors that are not receiving the level of service they deserve.
Vanguard to fly solo in the Andes, end institutional relationship with Compass Group
At the end of March, the US sponsor handled about USD 3 billion from institutions such as AFPs, AGFs and insurance companies.
CCR Monthly Approval Report – April 2019
iShares led with 11 ETFs registered in the month, while M&G followed with five mutual funds. Invesco, Nordea,Baillie Gifford, and Vontobel, joined the list along with four alternatives products.
Sura retail offering to include locally listed JPM UCITS
The deal was made possible by JPM's listing of 29 Lux-domiciled funds on the Chilean Stock Exchange, which grants the products public-offering status