State Street's John Lehner sees "an opportunity for asset managers to provide more strategic views and forecasts through technology, such as podcasts, webinars and video conference calls.”
Survey: Most institutions pleased with managers’ stepped-up communication during crisis
Citi sees second-half rebound in emerging markets, global small- and mid-cap equities
David Bailin, chief investment officer at Citi Private Bank, urged investors to get off the sidelines and put cash to work as a new cycle begins.
BlackRock, others, eye listing of gold ETFs in Chile
Approval of gold representative securities comes as global investors focus on gold due to increased market volatility, said BlackRock's Francisco Rosemberg.
Managers project 20% fall in allocations from Peruvian AFPs
A law allowing withdrawal of 25% of pension savings is having a serious impact on AFP portfolios.
AFPs’ cross-border real-estate and infrastructure investment will not count against equity quotas
The Pension Superintendent said cross-border real-estate and infrastructure products will be classified as fixed-income investments, which should make them more attractive for AFPs.
Chilean lower chamber greenlights withdrawal of 10% of retirement savings
Unexpectedly, the bill gained the support of right-wing parliamentarians, threatening the stability of the individually funded system.
Chilean AFPs flood back into Asian equity, high-yield bonds in April
All told, the AFPs raised their exposure to equity by USD 3.4 billion during the month, while boosting investments in fixed-income funds by USD 1.8 billion.
CCR Monthly Approval Report – June 2020
A total of eight products were added in the month from seven different asset managers: Lyxor, Invesco, Charterhouse CP, GTCR , MV CP, Nordic Capital and Pantheon.
Idea of pension fund withdrawals gains ground in Chilean political and judicial arena
Though the Supreme Court can still weigh in , an appeals court ruling ordering AFP Cuprum to hand over to an affiliate all of her retirement savings has rattled the industry.
Credit Suisse to take stake in Brazilian digital broker Modalmais
“This transaction further enhances our ability to serve our clients digitally while getting access to additional client segments in a fast growing environment,” said Credit Suisse's Philipp Wehle.