Alfredo Harz, general manager of Sartor AGF, sees an opportunity in offering alternatives strategies - particularly funds linked to private financing - to local and international investors.
LarrainVial buys its way into alternatives biz
Larrain announced that it would buy a 50% stake in CMB Prime, a local alternatives manager specializing in closed-end infrastructure asset portfolios.
Eighteen private-equity firms have registered funds for sale to AFPs
So far, registration in the CCR is led by private-equity fund sponsor, with 18 listed firms. Private debt and real estate follow far behind.
S&P Dow Jones’ IPSA/IGPA revamp not seen affecting ETFs in Chile
Silvia Kitchener, director of S&P Equity Indices for Latin America, said the idea is to project the IPSA as the stock exchange's investable index, with the general index, reflecting the behavior of the broader market, via the S&P/CLX IGPA.
With Santibáñez hire, Security moves to distribute international brands
While Security already has a distribution alliance with Oaktree Capital Mgt., the hiring away of Enrique Santibáñez from Bice was seen as a major step in fully developing this line of business.
CCR Monthly Approval Report – July 2018
A total of 45 products were added in the month from 14 different asset managers: State Street, iShares, AB, AZ Multi Asset, Barings, BMO, JP Morgan, Morgan Stanley, Ares, Coller, Crescent, Gelman, LGT and Vista.
AFPs step back from Europe, Asia and Latin America amid trade tiffs
Chilean AFP pension managers pulled USD 1.3 billion of assets from cross-border funds and ETFs in June, backing away from European, Latin American and Asian equities.
Redeemable funds in Chile have gathered USD 5.2 billion in AUM
Luis Alberto Letelier, president of the ACAFI, says redeemable funds - which increasingly invest in funds of global managers - have opened a great tax-efficient opportunity for affluent Chilean investors.
Ardian’s arrival in Chile leaves Volcom unfazed
Volcom has renewed its contractual conditions with Ardian with view to playing a leading role in the firm’s plans for penetration of the region.
Ardian hires Compass exec to head its new Chilean distribution office
Nicolas Gazitua, who spent the last seven years in a sales role at Compass Group, will lead the alternatives manager's Santiago-based team, in coordination with NY co-heads Mark Benedetti and Vladimir Colas.