Armando Vidal, until recently head of the fixed-income unit of Sura-owned Peruvian pension manager AFP Integra, has become the head of fixed-income for Sura’s fund businesses in Mexico, Chile, Peru, Colombia and Uruguay.
Sura Asset Management appoints Vidal to head fixed-income unit for regional fund business
April 4, 2018 by
CCR Monthly Approval Report – March 2018
April 3, 2018 by
Evli led with nine funds registered in the month, while Goldman Sachs (2), Invesco (2), Schroder (1), Deutsche (1), BNY Mellon (1), Pictet (1), and Lyxor (1) won approval for their mutual fund products.
Aberdeen launches diversified feeder fund to Brazilian investors in partnership with XP
April 3, 2018 by
The partnership with XP is strategic and will allow access to a extensive client base,” George Kerr, the director of Aberdeen Standard in Brazil, told Fund Pro Latin America.
Afore Azteca CEO: Mutual funds are a “useful and indispensable” tool
April 3, 2018 by
Tonatiuh Rodríguez, who previously headed Afore XXI Banorte, came to Afore Azteca with the job of growing the client base by 40% in 2018. He considers cross-border mutual funds "an indispensable though transitional tool."
Colombian AFPs raise exposure to North American equity amid volatility
March 25, 2018 by
Colombian AFPs raised their exposure to cross-border funds end ETFs by USD 186 million in February for USD 20.3 billion under management, plunging into North American equity even as volatility rocked US equity markets.
Chilean AFPs go deeper into Asia, Latin America equity
March 21, 2018 by
While the industry scaled back its cross-border allocation overall, Asia equity took in USD 673 million from Chilean AFPs during February. The sector now has USD 22.3 billion in AFP allocations.
Becon adds to sales team with new hire
March 21, 2018 by
Cristobal Garcia Colombo is the latest addition for the independent fund distributor. He will work from the firm's main office in Buenos Aires.
Banchile Inversiones aligns with the needs of its clients
March 21, 2018 by
The manager, which has institutional relationships with Manulife, Stone Harbor and Edmond de Rothschild, has simplified its product offerings and has relocated to offices outside of downtown Santiago.
Local Argentine manager SBS contracts Franklin Templeton to subadvise its fixed-income funds
March 20, 2018 by
After nearly a quarter century with a presence in Buenos Aires, Franklin has finally decided to dip its toe into the local fund market.
Window of opportunity for AFP Colectiva as managers shy away from fee fight
March 20, 2018 by
This non-profit manager has not initiated any process with Pension Superintendent to launch an AFP, despite having a chance to grab all new-worker retirement accounts in 2019 and 2020.
