A drop in interest rates has provoked investors to diversify their allocations, with most moving a portion of their holdings to balanced and mixed funds.
Brazilian managers dust off BDR funds to meet clients’ demands for global diversification
Western Asset's Mauricio Lima notes that BDR funds are not subject to new, restrictive regulations on international fund investing, so institutional investors may continue to use them without restriction.
Boosted by AUM growth, JP Morgan to open Colombian office
Giacomo Grage, who until now has been working from JPM's Andean flagship in Santiago, will head the initiative in Bogota.
Andbank bids to be among Argentina’s first licensed global investment advisers
Andorran private bank Andbank, already active in Mexico and Brazil, wants to be operational in Argentina in the first half of 2018, said Carlos Moreno, the firm's head of the Americas.
New Afore investment regime opens door to cross-border funds
A full rewrite of the investment regime pushed along by Consar president Carlos Ramirez was published on Friday, Jan. 5 in the Official Bulletin. We provide initial details and a first read on the potential impact for cross-border firms.
Chilean AFPs couldn’t get enough Asian equity in November
The pension fund managers allocated USD 1.4 billion into Asia equity in November. Funds from Investec, UBS, Allianz, and NN gained as other regions rose as well. iShares increased the Chilean AUMs it manages to USD 8.3 billion.
ACAFI welcomes new alternatives regulations, but still sees pending issues
ACAFI chief Luis Alberto Letelier said attractive products and the hard work of local managers - not capital repatriation - have been the major driver for growth of the closed-end fund business in Chile.
Colombia redemptions spare few regions in November
The biggest outflows in November came from emerging markets equity and North America. Emerging markets had been on a roll, capturing assets for nine straight months.
HMC Capital selected as subadvisor for Swedish manager East Capital
The Latin American firm’s investment team, led by Santiago Arias, will collaborate with managers of the Swedish firm's Sustainable Emerging Markets Fund.
CCR Monthly Approval Report – December 2017
Products from HSBC, Lyxor, Aberdeen and others won approval, as did the first alternatives products from Carlyle Group, Oaktree Capital and Intermediate Capital Group.









