Repatriation or sunlighting of undeclared overseas assets could generate new flows to local private banks and wealth managers.
CCR Monthly Approval Report – November 2015
December 7, 2015 by
Santander and Amundi registered four and three mutual funds in the month, respectively, while five other managers also won approval for one product of their own.
Esteves arrest could be final nail in coffin of BTG’s Chilean fund distribution business
November 25, 2015 by
BTG, already faced with the desertion of three international fund managers over the span of a year, as well as two key executives, will now face scrutiny from its remaining global clients over the corruption-related arrest of its CEO in Brazil.
Chilean AFP portfolios reflect optimism on Europe and Japan
November 19, 2015 by
The AFPs made new investments worth USD 1.8 billion into European equity and USD 966 million to Japanese equity in the August-October period. The shift has helped move funds from Julius Baer, Henderson and Deutsche into the top-10 list of Chilean AFP holdings.
CCR Monthly Approval Report – October 2015
November 5, 2015 by
While WisdomTree and iShares led with three and two ETFs, respectively, registered in the month, Franklin Templeton, PineBridge and JP Morgan also won approval for funds of their own.
Latin America pummelled by Deutsche Bank consolidation
November 4, 2015 by
It remanins unclear what will become of Deutsche's custody businesses in Argentina and Mexico, where it serves as custodian for locally-traded instruments such as funds, ETFs and securities.
Chilean Congress ratifies double-taxation treaty with US
October 19, 2015 by
The agreement is being viewed closely by sponsors of cross-border funds on offer to Chilean pension funds, since the AFPs have historically avoided investment in US funds in order to avoid the withholding tax on capital gains and dividends.
BTG Pactual’s top two cross-border-fund distributors quit; rumored to set up own firm
October 14, 2015 by
The abrupt departures could impact the distribution of brands such as Aberdeen, Aviva, Credit Suisse, Henderson, State Street and Columbia Threadneedle.
Chilean managers swayed by PineBridge’s local presence and global perspective
October 14, 2015 by
"In the last two years, investors have shown great interest in equity funds in Asia and India, along with private capital funds focused on loans and secondary funds," said Stacy Steimel, managing director at PineBridge Investments in Santiago.
CCR Monthly Approval Report – September 2015
October 1, 2015 by
AXA and Fidelity registered six new mutual funds, while Nordea had three new funds approved.
