“Private assets are one of the fastest growing sectors of the financial industry. We are excited to be working with Apollo, a global leader in alternative assets, to continue to increase accessibility to private markets, opening them to an even larger cross section of investors,” said Ron O’Hanley, president and chief executive officer of State Street.
State Street and Apollo join forces to broaden investor access to private markets
Insurance companies and municipal savings banks gear up for the pension business in Peru
The pension reform to be enacted by the Executive allows new players to enter the sector in a bid to promote competition and reduce fees.
CCR Monthly Approval Report – August 2024
Janus Henderson, Fidelity, Lazard, Muzinich, HarbourVest, Kohlberg & Co, Nautic and PSG Equity were the fund sponsors gaining approval for new products in August.
Alpine Capital is seeing green shoots in Chile’s alternatives business
Higher limits for pension fund investment in this asset class is one of the key factors for industry optimism. “A more stable economy and policy leads to more investment, especially in alternative assets”, said Daniel Mueller, partner at Alpine Capital.
Amundi and Victory Capital to become strategic partners
The transaction will allow Amundi to strengthen its presence in the US via a larger US investment and distribution platform, said Valérie Baudson, Chief Executive Officer of Amundi.
Bidding process for participants gains broad support from economists
The mechanism is included in the pension reform but there are a range of proposals on what form it should take.
CCR Monthly Approval Report – July 2024
A total of 19 products were added in the month from nine different asset managers: BNP Paribas, BNY Mellon, Fidelity, First Sentier, Franklin Templeton, LarrainVial, PIMCO, Summit Partners and UBS.
Brazilian cross-border investments increased the pace with USD 289 million net inflows in Q2 2024
ETFs emerge as one of the main alternatives for investors to diversify their portfolios internationally. "Customers have understood the power of diversification, seeking investment alternatives that are not reflected in the local market, and also diversifying in currency, as ETF BDRs have exposure to the dollar," said Paula Salamonde, director of the Institutional segment and iShares ETF at BlackRock Brasil.
CMF launches platform to compare mutual fund fees sparking debate
The platform provides detailed cost information categorized by AGF, client type, and share classes, using a traffic light system to rate fees.
At the end of July, processing of new pension withdrawals begins
Although there is some consensus on the inconvenience of this mechanism, the appearance of certain populist enticements could influence the process.