Juan Andrés Pinilla’s main task will be to market LV products to private banks, family offices and institutions managing offshore assets of mostly Latam clients. He will be based in Miami.
Expert views sovereign-wealth model as viable for managing additional pension flows
Scholar Eduardo Walker, member of the Pension Funds Technical Investment Council, admitted that fees paid to third-party managers are not at all high when considering rebates.
CCR Monthly Approval Report – September 2017
Eurizon led with three mutual funds registered in the month, all of them domiciled in Luxembourg, followed by PineBridge and UBAM, each with two funds approved.
Chilean regulator on verge of publishing alternatives regulations
AFPs will likely be able to invest between 5% and 15% of their AUM in this asset class. Some distributors, such as Ignacio Montes of Credicorp Capital, had been hoping for sublimits to promote more real-estate and infrastructure investment.
Chilean AFPs added USD 3.4 billion to Asian and European equity in June-August period
Fund managers that benefited from the extended buying spree in August were Investec, Man GLG and Invesco.
BICE Inversiones tapped to subadvise cross-border fund
The fund will invest in investment-grade Latin American fixed-income securities and be marketed through various global mutual fund platforms, but under the name (or brand) of a European bank, said t BICE's Enrique Santibáñez.
Asian, European and emerging-markets funds lifted in Chilean AFP offshore surge
Chilean AFPs finished July with USD 68.9 billion abroad, a level not seen since July 2015, and compares with USD 57.7 billion in December. Funds by Aberdeen, Allianz, Investec, GAM and Invesco were in high demand.
CCR Monthly Approval Report – August 2017
Investec and Morgan Stanley had two products each registered, while JP Morgan and Lord Abbett followed completed the list with one fund each.
AllianceBernstein sets up in Chile, and keeps partnership with Vision Advisors
Ignacio Fuenzalida, who was heading MFS Investment's efforts in the Andean region, was hired to run AB's newest Latin American office. Alliance will continue using Vision Advisors as a rep firm in a more targeted effort.
HMC adds Aegon-owned Kames Capital to brand lineup
Ricardo Morales, a partner at HMC Capital, believes Kames brings a unique investment outlook to the Chilean market, as well as to HMC, which already reps for Matthews Asia, Neuberger Berman, Man and Bradesco.