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
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
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
After nearly a quarter century with a presence in Buenos Aires, Franklin has finally decided to dip its toe into the local fund market.
Natixis: Institutions added alternative investments to counter surge in volatility
“The sudden return of market volatility is a healthy reminder that it’s important to take a consistent approach to portfolio diversification,” said David Giunta, CEO for the US and Canada at Natixis.
Colombian AFPs began 2018 with a redemption bias in cross-border markets
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
The firm announced the appointment of ex-Legg Mason executive Gonzalo Ramírez Correa as vice president of sales.
CCR Monthly Approval Report – February 2018
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
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.








