Until now he was serving as chief investment officer at Corpbanca. Guida was been named head of wholesale products at Itaú Asset Management and has returned to Brazil.
CCR Monthly Approval Report – June 2014
July 2, 2014 by
Barings, through its local distributor BTG Pactual, led with seven funds listed in June. Dimensional Fund Advisors and BNY Mellon also had a multiple of funds approved for the month.
Will a state-run Chilean AFP invest like its private peers?
June 27, 2014 by
In theory, investment in certain strategic state enterprises could get priority, along with support for the country’s monetary policies. Fund Pro Latin America investigates the range of possibilities.
With Europe back in vogue, Eurizon takes aim at AFP market
June 17, 2014 by
The group has registered three new funds with the CCR in Chile which will also be offered in Peru and Colombia.
Chilean AFPs added USD 743 million to their international portfolios in May
June 16, 2014 by
The dominant trend was to increase equity exposure, with mutual funds and ETFs capturing USD 666 million in new investments. Local distributor Compass Group managed to land new investments from AFPs on behalf of two global managers.
CCR loosens diversification rules for funds offered to local AFPs
June 16, 2014 by
The Commission raised the maximum percentage that mutual and closed-end investment fund portfolios can hold in the instruments of a single issuer or group. In so doing, it allows AFPs to purchase funds that are slightly less diversified.
AFP Capital replaces CIO
June 16, 2014 by
Francisco Guzman Molina (photo) assumes the position that until now was occupied by Ricardo Mogrovejo.
Private-fund investors likely to flock to mutual funds in wake of tax changes
June 11, 2014 by
Local mutual funds, which fall under the Unified Fund Law, will be taxed at 10%, while President Bachelet's (photo) tax reform will strip private investment funds (FIPs) of their 35% exemption from the corporate tax rate. The FIP segment is worth around USD 15 billion.
CCR Monthly Approval Report – May 2014
June 3, 2014 by
Twenty-one mutual funds and three ETFs were added in May to the list of approved instruments to receive investments from AFPs. Vanguard and Invesco led with six mutual funds each, followed by Allianz (3), Epsilon (3), DBX (3) Edmond de Rothschild (1), GAM (1) and PIMCO (1).
Most multifamily offices exempt from onerous registration requirements
May 28, 2014 by
It is estimated that multifamily offices manage about USD 3 billion, approximately 10% of the amounts managed by traditional single family offices, belonging to the richest families in Chile.
