With Andrés Silva’s appointment as head of Wealth Management and the incorporation of a dozen UCITS funds to its local platform, Principal now covers the HNW segment, i.e. clients with financial assets of over USD 1 million.
Chilean market approves of investment limits on alternatives
November 8, 2017 by
The more aggressive multifunds will eventually be able to allocate up to 15% of their assets to alternatives; however, initially the Central Bank is allowing a maximum of 10% in the type A fund.
Chilean AFP flows to Europe and Asia topped USD 1 billion in September
November 7, 2017 by
Chilean AFP assets in cross-border funds and ETFs reached USD 71.8 billion at the close of 3Q 2017. Henderson, Allianz, UBS and Investec products enjoyed high levels of inflows for the month.
EuroAmerica and MSCI partner on Chilean small-cap ETF
November 7, 2017 by
Amid a run-up in equity valuations, the two firms are trying to respond to higher levels of investor interest in local exposure.
CCR Monthly Approval Report – October 2017
November 7, 2017 by
While First Trust led with four ETFs registered in the month, while AllianceBernstein, Axa, LarrainVial and Credicorp Capital also won approval for funds of their own.
GAM funds prove irresistible to Andean institutions in 2017
November 7, 2017 by
Vivian Borzutzky, who oversees distribution of GAM products in the Andean institutional market, notes that both niche and traditional products have propelled the brand's growth in 2017.
LarrainVial strengthens operations in United States
November 7, 2017 by
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
October 22, 2017 by
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
October 12, 2017 by
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
September 28, 2017 by
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.
