A global ETF brand registered nine new ETFs in the month, all of them UCITs products, while Invesco, F&C, Goldman Sachs and Van Eck each won approval for one of their own.
Goldman Sachs looks for growth in private-client segment in Chile
The manager is expected to close distribution agreements with a handful of local private banks by the end of the year.
AGFs have not yet assimilated new supplementary activities
This new regulation authorizes supplementary activities for companies that manage mutual funds and closed-end investment funds, including managing and distributing shares of foreign funds and providing investment advisory services to local firms.
FATCA: Chilean market still awaiting ratification of tax agreements
Both countries must ratify an intergovernmental agreement and double-taxation agreement before Chile can begin releasing account information of US clients to American tax authorities.
Banchile likely to absorb Penta fund lineup if merger goes through
Local analysts believe that the mutual funds of Penta would be rapidly absorbed by the funds of Banchile. However, doubts abound regarding the merger of the two firms' closed-end funds.
CCR Monthly Approval Report – June 2015
BlackRock registered six new iShares ETFs and four mutual funds, while JP Morgan and Principal each had two new funds approved.
A second AFP may join Habitat in directly transacting with global firms
A second Chilean AFP could join Habitat in the practice of not putting their transactions through local distributors, but sending them directly to the central offices of foreign managers, Fund Pro Latin America has learned.
Vision Advisors notches first AFP allocation for Old Mutual affiliate Rogge
Vision has been active beyond the pension distribution business, having set up a fund management operation, forming new alliances and launching niche products aimed at the HNW segment.
Compass Group relaunches fund management operation, unveils USD 1.4 billion fund lineup
Jaime Martí, partner and country head-Chile at Compass Group, said the manager had recently finished adapting all of its investment vehicles to the new guidelines established by the Unified Fund Law (LUF).











