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.
Actinver adds another third-party manager, naming subadvisor to global multi-asset fund
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.
S&P Dow Jones’ IPSA/IGPA revamp not seen affecting ETFs in Chile
Silvia Kitchener, director of S&P Equity Indices for Latin America, said the idea is to project the IPSA as the stock exchange's investable index, with the general index, reflecting the behavior of the broader market, via the S&P/CLX IGPA.
With Santibáñez hire, Security moves to distribute international brands
While Security already has a distribution alliance with Oaktree Capital Mgt., the hiring away of Enrique Santibáñez from Bice was seen as a major step in fully developing this line of business.
CCR Monthly Approval Report – July 2018
A total of 45 products were added in the month from 14 different asset managers: State Street, iShares, AB, AZ Multi Asset, Barings, BMO, JP Morgan, Morgan Stanley, Ares, Coller, Crescent, Gelman, LGT and Vista.
Brazilian funds suffered outflows in June, but YTD balance remains positive
In June, Brazilian mutual funds suffered BRL 25.9 billion (USD 7 billion) in capital outflows, their worst monthly result since October 2008.
Vanguard to enter mutual-fund market in Mexico
While ETFs will still be its main offering, Vanguard Investments Mexico is ready to take on the mutual fund business in the country through subadvisory and directly with the Afores as soon as regulations allow.
AFPs step back from Europe, Asia and Latin America amid trade tiffs
Chilean AFP pension managers pulled USD 1.3 billion of assets from cross-border funds and ETFs in June, backing away from European, Latin American and Asian equities.
Redeemable funds in Chile have gathered USD 5.2 billion in AUM
Luis Alberto Letelier, president of the ACAFI, says redeemable funds - which increasingly invest in funds of global managers - have opened a great tax-efficient opportunity for affluent Chilean investors.









