Fund managers that benefited from the extended buying spree in August were Investec, Man GLG and Invesco.
Chilean AFPs added USD 3.4 billion to Asian and European equity in June-August period
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.
Sura loses wealth-team heavy hitter to LarrainVial
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
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
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
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.






