The firm proposes the entry of new players and fees based on fund performance.
Government proposal may increase taxation of cross-border investments
May 28, 2023 by
Even a checking account may be taxed. The measure still needs to be approved by Congress and may undergo changes.
Negative flows continue to hit cross-border Brazilian funds in first quarter
May 28, 2023 by
Despite USD 1.7 billion exited domestic mutual funds that invest in cross-border instruments, distributors see growing interest in international diversification.
Brazilian mutual funds face record outflows of USD 9 billion in April
May 18, 2023 by
Over the 12 months ending in April 2023, investors pulled BRL 71 billion out of the mutual fund industry.
Bolivia dissolves its USD 2.4 billion private pension system
May 16, 2023 by
Transfer of assets to a state-run agency means private managers owned by Zurich and BBVA have closed shop.
Election of constitutional delegates in Chile seems to secure current AFP pension model
May 16, 2023 by
The strong presence of right-wing and center-right forces looks set to wreck the left-wing initiatives for a drastic overhaul of the individually funded system.
Bci names Rodrigo Barros as head of fixed income
May 15, 2023 by
Barros will manage local and international fixed income for the Chilean asset manager.
Colombian AFPs shed international investments in February
May 10, 2023 by
Sales of international assets totaled USD 1 billion in the month, mostly affecting money-market funds.
Global ETFs raked in USD 400 million from Chilean AFPs in February
May 10, 2023 by
Active funds fared much worse in the month, with the exception of money-market funds. High-yield products were hit hardest.
CCR Monthly Approval Report – April 2023
May 4, 2023 by
American Century led with three ETFs registered in the month, while Robeco, with one mutual fund, completed the list.
