Total allocations in equity as of June, at USD 37 billion, were the lowest in over a year and compare with USD 50 billion a year earlier.
BTG Pactual names Pedrosa executive director of international funds area
Prior to joining BTG Pactual in June 2016, he was the Madrid-based Spanish country head of Tikehau Investment Management, a leading independent boutique with a strong focus on private debt.
Zarauza named Chilean country head as Columbia Threadneedle opens Andean office
Santiago Zarauza, who had been HMC Capital's head of institutional sales for Latin America for the last two years, will report to Rubén García Paéz, head of Iberia & Latam distribution.
CCR Monthly Approval Report – June 2016
Axa led with seven mutual funds registered in the month, all of them bond products, followed by Ashmore, Henderson and Natixis, each with one fund approved.
Chilean insurers push for 40% foreign investment limit
Commenting on a bill under review in Congress, Jorge Claude, executive VP of the Association of Insurers, said wider latitude to invest offshore is required in light of the small local capital market.
Private-equity funds in Chile added USD 2 billion in AUMs in 12 months
Local domiciled private-equity funds are enjoying strong growth just as the regulator is proposing increased limits on AFP investments in alternatives.
Chilean AFPs bolt from global equity May
AFPs cut their positions in May from over two dozen Asia-oriented funds and ETFs, while also trimming their exposure to Japanese, North American and European equity, leading to a net redemption of USD 1.9 billion in the fifth straight month of equity outflows.
Ground shifting rapidly in Chilean distribution landscape
The institutional-distribution division of BTG Pactual was recently taken over by Danny Aballay, who is tasked with rebuilding the unit after the flight of several of its cross-border clients. His promotion was one of several in the Chilean market.
Max Pinto takes reins of Allfunds in Chile
Pinto, a veteran in the Chilean market in fund sales and distribution, replaces Allfunds' Carlos Stozitzky, who has been charged with opening the firm's Colombian office
Chilean AFP replace equity with big positions in fixed income and money market
Despite the losses in equities, total AFP allocations to cross-border instruments grew by USD 372 million to surpass the USD 61 billion mark - their highest level since December. Vanguard also surpassed iShares as the leading asset gatherer among Chilean AFPs.









