The Chilean regulator delisted 34 funds for falling short of the required minimum of USD 100 million in assets under management, while added six mutual funds and six ETFs to the list of approved instruments eligible to receive allocations.
Santiago Arias assumes control of institutional distribution at HMC Capital
Santiago Arias will lead the business of fund distribution that HMC has built over the last three years, particularly in the area of private equity, a strong suit for the ex-PineBridge Investments manager.
AFPs may gain authorization to invest directly in infrastructure projects
The proposal would authorize direct investment by AFPs and insurers in infrastructure projects, and no longer require the managers to allocate to local closed-end investment funds.
Volumes swell on Chile’s offshore securities exchange
Treating foreign vehicles as local tax-wise would go a long way to strengthening Chile's foreign securities market, said José Antonio Martínez, general manager of the Santiago Stock Exchange.
Principal launches international fund platform in Chile
María Eugenia Norambuena told Fund Pro Latin America that Principal is leveraging in Chile its unique worldwide business model, which is based on a multi-boutique strategy and powered by wholly-owned affiliated companies, such as Spectrum Asset Management.
CCR Monthly Approval Report – April 2016
BNP Paribas led with three mutual funds - three of them Europe Equity products - registered in the month, while New Capital, a fund family belonging to EFG AM, followed with two mutual funds.
Sura adds cross-border Franklin Templeton funds to Chilean lineup
"Open architecture is a pillar of our model of unbiased advice," Renzo Vercelli, CEO of Corredores de Bolsa Sura, told Fund Pro Latin America. The Franklin funds join others sponsored by BlackRock, BTG Pactual and ING.
Chilean AFPs chose emerging-markets bonds in March while dumping Asian equities
The AFPs made allocations to 14 emerging-markets-bond funds in March, with MS Emerging Markets Corporate Debt-Z and Investec Emerging Markets Corporate Debt-I Acc getting the lion's share of the action.
EFG Chile taps veteran Tomás Espinosa as CIO
The Chilean office of the Swiss firm will offer investment-advisory and asset-management services for institutional, corporate and private investors, with a wide range of international funds, both alternative and traditional.
Survey finds that family offices in Chile invest nearly half of assets offshore
Cristián Moreno, partner of Ameris Capital, said that 42% of family offices surveyed want to increase their exposure to foreign assets, 43.5% want to keep their current allocation and only 14.1% want to increase exposure to Chile.









