At the end of March, the US sponsor handled about USD 3 billion from institutions such as AFPs, AGFs and insurance companies.
CCR Monthly Approval Report – April 2019
iShares led with 11 ETFs registered in the month, while M&G followed with five mutual funds. Invesco, Nordea,Baillie Gifford, and Vontobel, joined the list along with four alternatives products.
Afores inch closer to investment in mutual funds
President of pension regulator Consar, Abraham Vela Dib, told Fund Pro Latin America that its risk committee has approved rules for Afore investment in mutual funds, with publication in the government's Official Gazette imminent.
Peruvians can use service sector to make voluntary AFP contributions
Giovanna Prialé, president of the AFP Association, noted that total voluntary AFP contributions had increased from USD 120 million in 2015 to USD 570 million in November 2018.
Sura retail offering to include locally listed JPM UCITS
The deal was made possible by JPM's listing of 29 Lux-domiciled funds on the Chilean Stock Exchange, which grants the products public-offering status
Investa to launch independent asset-management unit in 2019
One of the founders of the new asset management firm is Luis Aliste, ex director of investments for Santander Asset Mgt., The firm will focus intensively on private debt markets.
Andres Karmelic to take CEO helm at Sura AGF
The new CEO was serving most recently as the deputy manager of fixed-income and had previously held positions at ING Chile, which was acquired by Sura.
Afore association appoints ex-CNBV president as new head
Bernardo González Rosas arrives at Amafore after being president of the National Banking and Securities Commission for most of 2018. He replaces Carlos Noriega Curtis.
Ex-Security bigs launch AGF and third-party-fund distributor
The new firm, known as Singular, will distribute OakTree funds and launch two new ETFs. Luis Fernando Pérez, former head of distribution at Inversiones Security, is among the partners.










