Given their strong dependence on the banking system, the Chilean asset management industry is on edge over future compliance requirements that the CMF may impose.
Asset managers anxious as banking regulator is absorbed by Financial Market Commission
Vanguard to register mutual funds for sale to Mexican Afores
With Afores getting the OK to diversify out of ETFs, Vanguard's local office, under Juan Hernandez, is listing cross-border mutual funds for sale to the pension managers.
Vision to create two funds in partnership with Altment
Vision's Arturo Alegria expressed his enthusiasm for the new funds, which will be offered across institutional sectors, including family offices.
CCR Monthly Approval Report – September 2019
Amundi, Axa, Court Square, DWS, Eurizon, First Trust, Hayfin, Lazard, Man, UBS were the fund sponsors gaining approval for new products in September.
Brazilian fund-industry flows grind to halt in August
Redemptions from low-yielding fixed-income classes cut into positive flows on the equity side in August. Inflows for the month barely topped USD 1 billion.
Brazilian mutual funds suffered BRL 20 billion in outflows in April
As investors fretted with the weak economic recovery, the main redemptions were driven by the Fixed Income class, with net outflows of BRL 8.9 billion.
Vanguard launches first local product in Mexico
The Vanguard FTSE BIVA Mexico Equity ETF (VMEX) tracks the country’s BIVA index, which accounts for 97% of the Mexican equity market.
Renta4 to expand its offering of foreign funds and launch AGF
Renta4, a subsidiary of the Spanish bank of the same name, has begun to diversify its business model, adding fixed-income and high-net-worth services and a third-party fund platform to its equity-brokerage business.









