The CCR approved 10 alternatives products from Apax Partners, BlackRock, Hamilton Lane, Partners Group, Kohlberg Kravis Roberts & Co., PineBridge and Warburg Pincus.
Colombian AFPs turned to North American and Japanese equity in March
May 22, 2018 by
iShares Core S&P 500 and the iShares MSCI Japan added a combined USD 510 million for the month, as overall system AUM in cross-border funds and ETFs neared USD 20 billion.
Fee concerns threaten to derail Afores’ chance to invest in mutual funds
May 22, 2018 by
Despite delays things are moving ahead at a steady pace and both the Amafore and the Consar have been working nonstop to achieve clear rules that allow Afores to invest in mutual funds, says Amundi Pioneer's Gustavo Lozano. A consequential meeting this week should provide additional clues.
Brazilian pensions up their risk profile, turn to equity and hybrid funds
May 22, 2018 by
In the 12 months ending in March 2018, flows to equity/balanced mutual funds from Brazilian pension managers amounted to BRL 6.1 billion (USD 1.7 billion) compared with only BRL 570 million in fixed income.
Win-win in the branding department as Banchile, Prudential ink distribution deal
May 22, 2018 by
"This agreement between two experienced asset managers gives investors access to a broader range of investment opportunities in one of the most important markets in the region," said Stuart Parker, PGIM Investments president and chief executive officer.
Asian, Latin American equity attract Chilean AFP assets amid signs of slower global growth
May 21, 2018 by
Chilean AFPs increased their exposure once again to Asian equity, investing USD 716 million in April for USD 23.4 billion in total allocations to the asset class and a 28% market share. Investec cleaned up in this category as well as in Latin America.
Merged Principal-Metlife Afore names new CIO
May 21, 2018 by
Néstor Fernández, who has spent a great deal of his career with MetLife, was named head of investments of Principal Afore, following its acquisition of MetLife Afore.
EuroAmerica turns over fund-management and insurance business to Zurich for USD 155 million
May 10, 2018 by
According to Fund Pro Latin America, the deal will boost Zurich’s mutual fund business in Chile to well over USD 1 billion, by adding EuroAmerica AGF's USD 938 million in AUM to its current AUM of USD 363 million.
In welcome move, SEC offers alternative to DOL’s fiduciary rule
May 10, 2018 by
Under chairman Jay Clayton, the SEC's move to create an alternative to the DOL's fiduciary rule is being welcomed by the broker-dealer community.
M&G strengthens Latin American sales team
May 10, 2018 by
The European manager has fortified its Latin American sales team with the hiring of Madrid-based Ander López Francoy as sales director for the region.
