A total of 28 products were added in the month from nine different asset managers: Amundi, Barings, BlueBay, Cathay, Fidelity, Janus Henderson, Principal, IK Investment Partners, Singuler Guff.
AFPs plunge back into emerging-markets debt, Asian equity
The AFPs finished the month with USD 84.3 billion invested in cross-border funds and ETFs, 70% of which was in equities.
Chilean labor-committee amendment would force AFPs to eat cross-border-fund fees
AFPs and cross-border managers are clinging to hopes that the amendment will be expunged or reversed before the final pension-reform bill goes to a vote in the Congress.
Real-estate manager Asset AGF targets USD 500 million AUM via residential rental fund
This pioneer in the residential rental market, led by Felipe Swett, now finds itself in competition with other firms, such as Ameris, BTG Pactual, Credicorp Capital and Compass Group.
Life insurers in legal battle to prevent client profits from being taxed
The Court of Appeals is analyzing the case. A decision against insurers could discourage people from using life insurance vehicles for savings, and push more clients to mutual funds.
Asset-management moves: AFP-industry veteran steps out of executive role
April proved to be a busy month for executive changes, as shareholder meetings convened in Chile. Changes at Moneda, Credicorp and Planvital garnered the most attention.
HMC to boost its profile in the real-estate sector
In alliance with leading real-estate companies, the firm plans the first-half launch of a novel mezzanine-type fund in Chile.
International real estate gets boost from Chilean AFP regulator
Pension superintendent Osvaldo Macías said changes are coming to put international REITs on an equal playing field with their Chile-oriented brethren.
Chilean AFPs funneled USD 783 million to cross-border funds and ETFs in March
The AFPs finished the month with USD 81.3 billion invested in cross-border funds and ETFs, 70.5% of which was in equities, as they sought better returns.
CCR Monthly Approval Report – March 2019
iShares led with ten ETFs registered, while Franklin Templeton, AllianceBernstein and Baillie Gifford won approval for their mutual fund products. The CCR also approved five alternatives products from BlackRock, Morgan Stanley, Oak Hill, Portfolio Advisors, and Tikehau Capital.




