While Franklin Templeton and iShares led with nine mutual funds and 10 ETFs, respectively, registered in the month, Allianz, HSBC, Bluebay, NN IM, Pimco and Vanguard also won approval for products of their own.
2014 marked the return of Morgan Stanley in Chile
May 5, 2015 by
Driven by a stepped-up marketing effort by local distributor Picton Advisors, investments by Chilean AFPs in the US-based manager grew from USD 26 million to USD 736 million.
Foreign investors in Chilean funds get favorable tax treatment
April 9, 2015 by
Thanks to the recently-enacted Unified Fund Law (LUF), foreigners investing in Chilean-domiciled funds will be subject to a maximum 10% tax ceiling, even if direct investment in underlying assets is subject to a higher tax rates, says Luis Alberto Letelier, a legal advisor to the Chilean Association of Investment Fund Managers (ACAFI).
EuroAmerica is latest Chilean manager to list funds in Luxembourg
April 1, 2015 by
Local Chilean fund manager of EuroAmerica has decided to register a High Yield Latam and Small Cap Latam fund in Luxembourg, according to group CEO Henry Comber.
CCR Monthly Approval Report – March 2015
March 31, 2015 by
While Vanguard led with six ETFs registered in the month, all of them UCITs products, BlackRock and Morgan Stanley each won approval for three of their mutual funds.
AGF Security relaunches Portafolio family using volatility-based risk profiles
March 26, 2015 by
"We took two years to perfect this new methodology, and we are very happy with the results," said investment manager Pablo Jaque. "We are really very motivated with this internal development."
First Trust wins approval to sell AlphaDEX ETFs in Chilean market
March 26, 2015 by
The CCR's action has enabled First Trust to "further expand the footprint of our merit-based AlphaDEX ETFs into a new institutional market," said Dan Lindquist, managing director of First Trust.
A MILA fund platform? Chilean execs don’t see it working
March 26, 2015 by
Initiative of the Mutual Fund Association seems like more of a political announcement than a project with a real future, sources told Fund Pro Latin America.
CCR takes no action on HSBC funds in recent meeting
March 3, 2015 by
The CCR generally takes into consideration the potential for heightened "reputational risk" of an approved fund sponsor, which could impact system returns or negatively influence Chileans' perceptions of the pension system itself.
CCR Monthly Approval Report – February 2015
March 2, 2015 by
A total of 14 products were added in February to the list of approved instruments to receive investments from Chilean Pension Managers (AFPs). Schroders led with eight mutual funds, all of them equity products, followed by PIMCO with two mutual funds and First Trust with two ETFs. Eastspring and Fidelity completed the list each with one approval mutual fund.
