Deutsche, Nordea, and Acadian each had two of their mutual funds registered, while Investec, Nomura and Lyxor followed, each with one product approved.
Chilean advisory Econsult loses two of its most visible faces
José Ramón Valente, founding partner and leading figure of the firm Econsult, took over as Minister of Economy of the incoming administration of President Sebastián Piñera.
Chilean AFPs make their first allocation to British manager Veritas
The Veritas Asian Fund, managed by Ezra Sun, invests in Asia (ex Japan) and its performance has shown great consistency. In 2017, it had a return of about 50%, undoubtedly catching the attention of AFPs.
Four alternatives managers now approved in the CCR
Intermediate Capital Group, Oaktree Capital Management, The Carlyle Group and Ardian got the go-ahead from the risk-rating commission to offer alternatives products to the AFPs.
Chilean AFPs snapped up Asia and emerging market bonds in January
Emerging market bonds rivaled Asia equity for attention in January, attracting USD 702 million from Chilean AFPs. The category had USD 12.2 billion in AUM at the end of the month, making it the third-biggest allocation for the AFPs with a 13.9% share.
The iShares business in Mexico enjoyed a 38% jump in organic growth in 2017
In an extended interview with Fund Pro Latin America, Nicolas Gomez, head of iShares for Latin America and Iberia, discussed the scope of ETF business in the region and BlackRock's asset-gathering approach from a distribution and product perspective.
ETF providers seek to fill “commodity gap” in AFP investment regime
While commodities are off limits in AFP portfolios, ETF distributors are promoting products that have high correlation to various commodities and offer negative correlation to pension portfolios. Alberto Menéndez of Credicorp Capital, distributor of State Street, is among them.
CCR Monthly Approval Report – January 2018
Legg Mason, Invesco, Natixis, Lyxor, and Degroof Petercam were the managers registering products in January 2018.
EuroAmerica AGF closed 2017 as a market innovator
The Chilean asset manager launched a string of diverse products, including Argentine equity and fixed-income vehicles that captured the attention of institutional and family-office clients.
Fund/ETF allocations from Chilean AFPs at USD 82 billion after banner December
Even US equity funds enjoyed gains in December, as Chilean AFPs capped off a banner year. "Valuations are not necessarily crazy, but they’re certainly high,” said Richard Garland, managing director at Investec.







