The former Afore Sura CEO’s new job is to work out how this retirement fund manager will take “the portfolios towards a better experience in which the client becomes the core of the investment process," Citi said in a statement.
Chilean AFPs flee Asian equity, emerging-markets bonds in March
May 12, 2020 by
Among the casualties: an Ashmore short-duration fund that lost close to 30% for the month was redeemed heavily by the AFPs.
Alternatives managers reactivate after Central Bank ups limits
May 10, 2020 by
Distressed debt and turnaround private-equity are expected to benefit from the boost in quotas on alternatives.
CCR Monthly Approval Report – April 2020
May 6, 2020 by
Swisscanto led with five mutual funds registered in the month, while Xtrackers followed with ETFs. Berenberg, Credit Suisse, Man, Muzinich, PGIM, PineBridge, Robeco, and State Street joined the list along with two alternative products.
The regulator also gave the green light to two alternative products from Antares and Thomas Bravo.
JP Morgan Asset Management lists first hedged ETF in Mexico
May 1, 2020 by
The ETF seeks to provide a reliable beta “building block” for investors looking for a short-dated dollar-denominated government debt allocation, said JPM's Juan Pablo Medina-Mora.
Chile set to redeem another USD 3 billion from FEES stabilization fund
April 30, 2020 by
The USD 12.4 billion sovereign wealth fund's cross-border equity positions are managed by BlackRock and Mellon.
Insigneo names ex-Citi IPB leader at head of offshore business
April 25, 2020 by
Rodolfo Castilla will be based in Uruguay and will oversee the group’s independent advisor network across Latin America.
CCR could delist funds whose AUM have fallen below USD 100 million
April 23, 2020 by
The CCR could delist funds, preventing them from receiving AFP allocations, or just place them under observation.
CCR Monthly Approval Report – March 2020
April 23, 2020 by
Hermes led with five mutual funds approved, followed by Barings and DWS with two products, and Invesco, Federated, EDM and JP Morgan with one mutual fund each.
Colombian AFPs added to emerging markets, Asian equity in January
April 23, 2020 by
The AFPs finished January with USD 19 billion invested in cross-border funds and ETFs, almost entirely in equity funds. They increased their total equity exposure by USD 776 million during the month.
