VelocityShares has appointed Daniel Saieh as managing director and head of Latin American sales.
Picton Advisors takes on Morgan Stanley distribution in Chile
The distributor is also preparing a global private equity closed-end investment fund with Warburg Pincus.
Criteria for contracting managers fine tuned
The Risk Review Committee issued a document clarifying the criteria for contracts between afores and managers in Mexico which makes the system viable.
Regulations on AFP fees no longer concern managers
Congressional Committee on Labor and Social Security proposed a regulatory change so that part of the fees that AFPs charge members is based on portfolio returns.
Chilean pension managers added USD 460 million to their international portfolio in October
Cross-border investments regained space among Chilean Pension Fund portfolios in the last month, after affiliates returned to the more aggressive Multifunds (A and B)
Afore Sura: funding of mandates should start in the next few months
In an interview with Latin Asset Management, Emilio Bertran, director of portfolio structure at Afore Sura, said they had made progress with the final version of the contracts with the managers and the custodian. The objective is to begin to fund some of the mandates this year.
Latin American Pension Fund Investments in International Securities – June 2013
Chart comparing levels of pension fund system investments in international mutual funds and other international securities. Data from Argentina, Chile, Colombia, Mexico and Peru. Data broken out by instrument. Year-end totals from December 2008 through 2012, previous month results and as of June 30, 2013.
BBM Investimentos and Edmond de Rothschild sign a strategic cooperation agreement
Edmond de Rothschild and BBM Investimentos aim to herewith help the Brazilian pension funds market understand the benefits of diversification and propose products perfectly responding to their needs.
Mercer plans to expand investment consulting in Chile and Mexico
The firm’s Latin American operations are currently centralized in Brazil, however they expect to grow in the rest of the region, with institutional clients and sovereign funds.
Corfo sees ending support for private equity by 2030
The state entity says 33% private participation in financing was achieved in 2012, and expects this figure to reach 60% by 2020.







