A boost in the fund's assets from USD 14 billion to USD 30 billion or more would result from President Piñera's bill to shift some of Codelco's profits from the Armed Forces to the SWF.
Chile’s economic-stability fund would see boost in flows under Piñera national-security plan
Private-debt specialist Sartor AGF goes out in search of foreign clients
Alfredo Harz, general manager of Sartor AGF, sees an opportunity in offering alternatives strategies - particularly funds linked to private financing - to local and international investors.
Neuberger’s Global Thematic Equity fund debuts on Pershing
The offshore version of this high-conviction fund, managed by Daniel Paduano’s group within Neuberger Berman, has a 28-year track record in the US.
Colombia’s Davivienda hires Itaú selector to run its international investment area
Corredores Davivienda, a Colombian brokerage firm, has hired ex-Itaú senior fixed-income fund selector Lucas Toro Duque as its head of international investments.
LarrainVial buys its way into alternatives biz
Larrain announced that it would buy a 50% stake in CMB Prime, a local alternatives manager specializing in closed-end infrastructure asset portfolios.
BTG Pactual to exclusively distribute Robeco funds in Brazil
BTG's Marcos Pimentel noted that the firm already distributes with Reliance Asset Management; Evli Fund Management and Capital Dynamics in Latin America, but feels Robeco funds are best suited for the still-unsophisticated Brazilian market.
Old Mutual ponders expansion out of Colombia and Mexico
The firm is said to be particularly interested in the Brazilian and Peruvian marketplaces, where life-insurance penetration is relatively low.
Transamerica’s Mexican unit builds out product platform
Akaan Transamerica wants to take on the big players in the Mexican market, not only in wealth management, but also fund management, brokerage and insurance.
Actinver adds another third-party manager, naming subadvisor to global multi-asset fund
Actinver signed an advisory agreement with Canadian manager Fiera Capital to reinforce the operation of its USD 174 million DINAMO fund, as it conducts a manager search for a fund focusing on cyber security.
Eighteen private-equity firms have registered funds for sale to AFPs
So far, registration in the CCR is led by private-equity fund sponsor, with 18 listed firms. Private debt and real estate follow far behind.










