Inversiones SURA’s new office in Miami plans to serve thousands of clients from all over Latin America, said Pablo Matte Ross.
Shrinking AFP industry and local instability boost Chile’s offshore business
"Our clients want to maintain a balance between local and international investments," said Compass's Juan Cristóbal Figueroa.
Chilean fund industry satisfied with boosted regulation on investment advisors
The objective, according to Mónica Cavallini, is for advice to be given with greater transparency and in accordance with financial-market standards.
Franklin Templeton to acquire Alcentra from BNY Mellon
Franklin's alternative credit specialist, Benefit Street Partners, will expand its capabilities and presence in Europe, doubling its assets under management to USD 77 billion globally.
Brazilian funds with cross-border strategies hit with USD 3.8b in 1Q withdrawals
“This move was expected and totally understandable," says Frederico Monteiro, head of offshore fund management at BB DTVM.
Peruvian AFPs given roadmap to scale back alternatives exposure
With the AFPs overexposed to these illiquid vehicles, the SBS issued guidance on how reduce positions while limiting the impact on returns and the market.
Fifth withdrawal fails, clearing path for deeper pension reforms
Separately, the government presented a constitutional reform to protect individuals' accumulated pension assets against expropriation.
Morgan Stanley adds to Latin American and US Offshore sales team
Denise Casellas and Jennifer Romero will be responsible for relationship management in Mexico and other markets, focusing on both institutional and intermediary channels.
Boric names crosscutting figure to head the CMF
Solange Berstein's appointment as head of the Financial Market Commission was bolstered by her experience working with Mario Marcel at the Central Bank.
After eight months waiting, the Afores have a new list of funds to choose from
Amafore’s Alvaro Meléndez shared the changes related to the approval of international mutual funds for the Afores to invest in, as well as an updated list of funds.












