In a difficult month, Investec held on to the top spot for brands after having displaced iShares for the Number 1 spot in June. It attracted an additional USD 89 million in September for USD 6.6 billion in overall AUM.
Swiss Advisors downplays delisting of absolute-return fund
While GAM's Multibond Absolute Return Bond Plus fund was delisted at the request of its manager, it still has has two additional total-return funds among the 20 registered with the CCR.
BlackRock presents its USD 160 billion alternatives platform to Latam market
During a visit in Santiago, Manuel Gutierrez-Mellado, alternative product strategist at BlackRock, noted that Latam institutionals have a global bias when investing in private capital and credit, and a local bias for infrastructure.
Menu of voluntary-retirement products likely to expand with derivatives ruling
Before the easing of rules by Chile's Financial Market Commission, fund managers (AGFs) had been unable to launch a retirement-share-class for any fund whose investment policy allowed the use of derivatives for speculative purposes.
AFPs blaze broad retreat in August; add to Asia, North America exposure
North American equities were the top draw once again in August. The AFPs moved USD 594 million into the category during the month, bringing total AUM to USD 7.8 billion for a 9.7% market share.
CCR Monthly Approval Report – September 2018
BlackRock, Invesco, Deutsche, PIMCO, Lord Abbett and UTI Goldfinch were the fund sponsors gaining approval for new products in September.
Ignacio Montes leaves Credicorp Capital
The executive signaled that a new project is in the offing, but it was unclear whether he will remain in the asset management industry.
AFPs step up exposure to North America, Asia as investors look past trade concerns
Chilean AFP pension managers injected USD 2 billion of assets into cross-border funds and ETFs in July, stepping up exposure to North American and Asian equity, as well as high-yield and emerging-markets bonds.
CCR Monthly Approval Report – August 2018
A total of 21 products were added in the month from 12 different asset managers: Baillie Gifford, Fidelity, HSBC, Janus Henderson, John Hancock, Apollo, Audax, Cinven, EQT, Lone Star, NB and Platinum.
Managers eye new pension contributions from self-employed in Chile
Unfortunately for AFPs and foreign managers receiving their allocations, the phase-in of these contributions and their partial diversion to social programs will equate to a negligible uptick in short-term flows.





