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
August 15, 2017 by
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
August 15, 2017 by
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.
Sura loses wealth-team heavy hitter to LarrainVial
August 14, 2017 by
Chile-based Juan Pablo Valdes, who was heading a Sura Asset Management wealth-management team with USD 2 billion in client assets, has joined LarrainVial Asset Management as commercial director.
Piñera’s pension proposal likely to encourage cross-border investment
August 14, 2017 by
The candidate's campaign released a proposal that would boost employer contributions by 4%, all of it channeled to AFPs, as opposed to the current government's plan to use a government-supervised fund outside the purview of the AFP industry.
CCR Monthly Approval Report – July 2017
July 31, 2017 by
Only three products were added in the month from three different asset managers: HSBC, Macquarie and Kames Capital.
GAM, Invesco and Allianz reap Chilean AFP push into Asia and Europe
July 24, 2017 by
The AFPs have roared back into Europe and Asia, pumping more than USD 1 billion into equity products from the two regions in June, to the benefit mostly of active managers.
Principal Chile makes play for wealthy clients
July 17, 2017 by
The new wealth management office, headed by ex-Larrain executive Andrés Silva, will target clients with liquid net worth between USD 1 million and USD 50 million.
Leak: Chilean AFPs will be asked to foot up to 5% of third-party-fund fees
July 5, 2017 by
While an official position was not staked out by the government at Chile Day 2017 in London, on June 29 and 30, talk in the halls of the event suggests that AFP pension managers will no longer be able to pass third-party costs to the pension fund. In response, local distributors voiced their opposition to Fund Pro Latin America.
Chilean AFPs retreat from North America; look to Europe and Latam
July 5, 2017 by
Allianz, Deutsche and Schroders were among the beneficiaries in May of a transfer of AFP assets from North America to Europe and Latin America. The AFPs' total investment abroad increased USD 2 billion to USD 64.5 billion in the 30 days.
