The independent Chilean firm was spun off by Moneda Asset Mgt. and purchased by ex BTG executive Alejandro Reyes. Since then, it's been populated by a slew of BTG analysts and managers, including lead portfolio manager Rodrigo Rojas.
Evans leaves Investec to take Oppenheimer post
Tom Evans told Fund Pro Latin America that his role and coverage territory at Oppenheimer will be similar to that of Investec, specifically the US offshore business covering New York, Texas, California and Toronto.
Becon Investment Management to help global brands gather assets in Latam intermediary channel
Three deeply experienced sales executives have formed Becon Investment, which primarily seeks to represent third-party fund managers in the intricate, relationship-dependent US Offshore and Latam Offshore market.
AFPs put hold on new investment in private-equity funds
With President Bachelet's vow to "modify the various forms of hidden fees...which take resources from participants’ accounts with no real justification," the AFPs now fear they may eventually have to pay third-party-fund management fees.
Pre-Trump, Colombian AFPs embraced emerging markets and North America while turning away from Europe
At the close of October, Colombian AFPs had boosted their exposure to emerging markets to nearly USD 4 billion, an 18-month high. Overall allocations abroad reached USD 14.9 billion, an 11-month high.
Natixis survey: Volatile market environment prompting more active investing
“Unprecedented economic and political forces around the world are the top concern for institutions in 2017,” said John Hailer, CEO of Natixis Global Asset Management for the Americas and Asia and head of global distribution.
Chilean AFPs boosted US exposure in aftermath of surprise election outcome
Chilean AFPs, inspired by positive returns, bet heavily on US equity products, while at the same time unloading positions in emerging-market-bond funds on the heels of the surprise Trump victory in the US Presidential election.
Wells Fargo’s advice for 2017: look beyond day-to-day volatility in global markets
If investors were looking solely at recent disruptive global events, "they wouldn’t have seen what was quietly happening in the background – nearly all asset classes were moving higher,” said Darrell Cronk, president of Wells Fargo Investment Institute.
MFS announces promotions among Latam team
Stephan Von Hartenstein, regional director, has taken on additional coverage and support responsibilities for the Southern Cone region. Ignacio Durañona, who had been working as an internal wholesaler since 2015, was promoted to Southern Cone regional manager.
CCR Monthly Approval Report – December 2016
Eight mutual funds were added in December to the list of approved instruments eligible to receive allocations from Chilean Pension Managers (AFPs). Of those, only one it is an equity product, while the others belong to the fixed income and money market asset class categories.









