The Chilean firm will distribute throughout the region, and from Miami, for the private banking business.
Colombia’s tax reform gets bad grades from capital-markets watchdog
March 2, 2023 by
Tax Reform Law 2277 makes Colombia unfriendly from a tax perspective, when compared to regional peers Peru, Chile and Mexico, said the group.
Brazilian mutual funds face outflows for third straight month in January 2023
February 24, 2023 by
Only fixed-income, retirement funds and FIP classes had inflows in the period. Equity funds suffered outflows of BRL 9.2 billion.
Brazilian funds investing abroad were battered in 2022, but a recovery is expected for 2023
February 17, 2023 by
Franklin's Daniel Popovich along with peers from JP Morgan and Santander, says managers in Brazil noticed a pickup in global fund sales in 4Q 2022 after a difficult nine months.
Pension reform to be presented at the end of October
February 14, 2023 by
The Government will face a tough scenario in Congress, since it lacks a majority and the opposition has established the idea that rejection of the new constitution removed the social floor from the pension reform.
Colombia’s pension reform could begin taking shape in April
February 10, 2023 by
Economist and consultant Gustavo Moreno Montalvo anticipated a not-so-winding road for the presidential reform proposal.
New tranche of global iShares listed locally in Colombia
February 7, 2023 by
Valores Bancolombia is already trading 10 new BlackRock ETFs registered in the Colombian Global Market. Individual investors now have local access to some 20 iShares ETFs.
CCR Monthly Approval Report – January 2023
February 1, 2023 by
Two ETFs, two mutual funds and one alternatives product gained CCR approval to kick off 2023. Sponsors gaining approval were Barings, GemCap, BNP Paribas, UBS and GlP.
Brazilian funds hammered by USD 32 billion in outflows in 2022
January 23, 2023 by
Despite high yields on bond funds, other rival products in the market, such as tax-exempt vehicles, are competing for individuals' attention.
Colombian AFPs cut exposure to international equities in November
January 23, 2023 by
Redemptions in equity products topped USD 500 million. In contrast, AFPs allocated more than USD 100 million to debt funds.
