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
Investa to launch independent asset-management unit in 2019
One of the founders of the new asset management firm is Luis Aliste, ex director of investments for Santander Asset Mgt., The firm will focus intensively on private debt markets.
Andres Karmelic to take CEO helm at Sura AGF
The new CEO was serving most recently as the deputy manager of fixed-income and had previously held positions at ING Chile, which was acquired by Sura.
AFP reform measures advance in Chilean legislature
There was movement on several fronts, including boosted contributions, the solidarity pillar, self-employed contributions and increased greater competition.
CCR Monthly Approval Report – December 2018
Products from BNP Paribas, Lyxor, Fidelity, Amundi and Man won approval, as did Avenue Capital Group to offer its alternative products.









