Despite the outflows, strong returns led to an increase in allocations to cross-border products, which stood at USD 20.9 billion versus USD 19.7 billion at the end of 2017.
Franklin Templeton is latest firm to open Santiago office
March 20, 2018 by
The firm announced the appointment of ex-Legg Mason executive Gonzalo Ramírez Correa as vice president of sales.
CCR Monthly Approval Report – February 2018
March 20, 2018 by
Deutsche, Nordea, and Acadian each had two of their mutual funds registered, while Investec, Nomura and Lyxor followed, each with one product approved.
MFS appoints Chile and Peru sales head
March 19, 2018 by
Perez Iturraspe will oversee all sales and client-service operations in the two countries effective immediately. He has relocated from Buenos Aires to Santiago and will report to L. José Corena, managing director for the Americas.
Old Mutual to offload Latin American operations, including Colombian AFP
March 19, 2018 by
The Skandia name is set to be revived in Latin America by the prospective buyer, the Chinese-owned CMIG International.
Chilean advisory Econsult loses two of its most visible faces
March 19, 2018 by
José Ramón Valente, founding partner and leading figure of the firm Econsult, took over as Minister of Economy of the incoming administration of President Sebastián Piñera.
Chilean AFPs make their first allocation to British manager Veritas
February 27, 2018 by
The Veritas Asian Fund, managed by Ezra Sun, invests in Asia (ex Japan) and its performance has shown great consistency. In 2017, it had a return of about 50%, undoubtedly catching the attention of AFPs.
Four alternatives managers now approved in the CCR
February 27, 2018 by
Intermediate Capital Group, Oaktree Capital Management, The Carlyle Group and Ardian got the go-ahead from the risk-rating commission to offer alternatives products to the AFPs.
Mirabaud AM exec shakeup brings new coverage of Latin America
February 27, 2018 by
Elena Villalba will be responsible for business development in Spain, Portugal and Latin America. Meanwhile, Raimundo Martín, managing director for Iberia and Latin America since October 2012, is leaving the company.
Brazilian mutual fund industry raises BRL 25 billion in January
February 27, 2018 by
The road ahead for Brazilian fixed-income funds seems rough, as yields are compressed and the benchmark interest rate sits below 7%.
