Carlos Ramírez, president of the Consar, provided Fund Pro Latin America with a time estimate on when Afore pension managers will finally be able to invest in cross-border mutual funds.
Fund/ETF allocations from Chilean AFPs at USD 82 billion after banner December
January 29, 2018 by
Even US equity funds enjoyed gains in December, as Chilean AFPs capped off a banner year. "Valuations are not necessarily crazy, but they’re certainly high,” said Richard Garland, managing director at Investec.
Afore Sura funds mandate with Investec for USD 150 million
January 29, 2018 by
Luis de la Cerda, investment director, said the Afore was open to granting new mandates and to evaluating options in mutual funds when the time comes.
Franklin Templeton names representative in Chile for non-AFP clients
January 29, 2018 by
Gonzalo Ramírez, formerly with Legg Mason, will head the new office. The relationship with AFPs will stay in the hands of Vision Advisors.
BlackRock: Global institutions look to real estate, hedge funds and infrastructure as stock valuations peak
January 29, 2018 by
BlackRock's Edwin Conway says his clients' two-pronged strategy for navigating risk and volatility is to maintain cash levels and selectively take active positions in alternatives and other illiquid vehicles.
New listings bring Deutsche’s ETF offering in Mexico to 30 products
January 29, 2018 by
"Deutsche is always looking for ways to provide investors efficient access to worldwide markets through strategies that best fit their investment needs, says Deutsche's Salvador Gomez.
Natixis gets NYSE license to create actively managed ETF
January 25, 2018 by
“We are always looking for innovative new ways to give investors convenient access to our actively managed strategies,” said David Giunta, CEO for the US and Canada at Natixis Investment Managers.
CMN heeds industry advice, ditches rule requiring risk rating on cross-border funds
January 25, 2018 by
The original resolution by the Brazilian Monetary Council had paralyzed the offer of global funds to local pension managers, said Marc Forster, executive director at Western Asset in Sao Paulo.
Brazilian fund industry raised USD 82 billion in 2017
January 19, 2018 by
Declining interest rates provoked transfers in 2017 to balanced/mixed funds which raised BRL 101 billion (USD 32 billion), and equity funds, which added BRL 21 billion (USD 7 billion).
With amnesties in rear-view mirror, wealth planning assumes more prominent role
January 17, 2018 by
“After the amnesties, we’re seeing clients more and more concerned about the types of investments they are making from a tax perspective,” said Horacio Woycik, head of the Montevideo office for international law firm Harneys.
