While Dimensional and Lazard led with four mutual funds registered in the month, BlackRock and Invesco each won approval for three funds of their own.
Chilean AFPs plowed head-first into volatile global markets in November
December 19, 2014 by
Funds sponsored by Franklin Templeton, Pioneer, PIMCO and JP Morgan, as well as ETFs from Vanguard and iShares, were the main beneficiaries of AFPs' USD 2 billion buying spree in November.
Canadian and MILA-listed securities can be bought locally by Chilean investors
December 5, 2014 by
SVS approved a resolution that exempts all listed investment securities registered with regulators in Colombia, Mexico, Peru and Canada as well from enrollment in the Registro de Valores Extranjeros (foreign securities register). Under the new rules, registered securities in any of these countries - including ETFs - will be able to be traded publicly by Chilean investors almost automatically.
CCR Monthly Approval Report – November 2014
December 2, 2014 by
A total of 23 mutual funds were added in November to the list of approved instruments to receive investments from Chilean Pension Managers (AFPs). BNP Paribas led with 14 funds registered in the month, followed by Vontobel (3) and Allianz (2).
Deutsche in Latin roadshow promoting ETFs with tactical asset allocation model
November 19, 2014 by
The strategy was explained in a Nov. 11 seminar on Megatrends in Passive Investment Strategy, held in Santiago, with the participation of executives from this manager, representatives of MSCI, Morningstar and the Chilean Ministry of Finance, among others.
PineBridge well-placed to take advantage of Latam private-equity opportunities
November 19, 2014 by
Stacy Steimel, managing director, portfolio manager, and head of Latin America Equities, said her firm currently has a preference for the secondaries market, focusing on smaller transactions, as well as private credit.
Affluent Chileans shifting capital to cross-border markets
November 12, 2014 by
Due to the higher exchange rate and uncertainty about tax reform, international exposure in typical HNW portfolios may have topped 50%. Tax reform, a weaker currency, and poor returns in the local market are behind the shift.
Compass Group seals distribution agreements with Nomura and Fortress
November 12, 2014 by
Compass's mutual fund platform offered to Chilean institutional investors is now formed by PIMCO, UBS Global Asset Mgt., Vanguard, and five others, while their offering of alternative funds includes Bain Capital, Fortress and two others.
CCR Monthly Approval Report – October 2014
November 12, 2014 by
While iShares led with 20 ETFs registered in the month, of which 13 are fixed income products, Janus and Rogge won approval for four and three of theirs mutual funds, respectively.
Prudential commits up to USD 620 million for stake in Chile’s AFP Habitat
October 30, 2014 by
Habitat is Chile's second largest AFP, with USD 44 billion under management, including USD 17 billion in allocations to cross-border ETFs and mutual funds.
