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
June 11, 2015 by
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
June 9, 2015 by
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).
CCR Monthly Approval Report – April 2015
May 5, 2015 by
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.
