The general secretary of the Association of Mutual Fund Managers of Peru, Fernando Osorio, highlighted the growth of the industry’s AUM over the last five years.
Sura Asset Management appoints Vidal to head fixed-income unit for regional fund business
April 4, 2018 by
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.
Prima AFP names Corpancho head of equities
December 6, 2017 by
In his new role, Oscar Corpancho has responsibility over portfolio managers Jorge Morey and Juan de Dios Cárdenas, who are in charge of international-equities analysis and mutual-fund selection.
Peruvian AFPs may bump against alternatives ceiling in medium term
October 11, 2017 by
HMC's Daniel Dancourt said if Peruvian AFPs continue to buy alternatives at their current rate, the maximum multi-fund limits may be reached in three to five years.
Central Bank boosts international limit for Peruvian AFPs
July 17, 2017 by
The increase will encourage AFPs to continue to diversify their investments abroad just as they approached the previous limit of 44%.
Compass puts ex-BlackRock pro in charge of Lima office
June 27, 2017 by
Compass has promoted Jorge Díaz to head of its Lima office, after joining the firm a year ago to lead relations with institutional clients in the region. Díaz had worked for seven years at BlackRock in charge of selling iShares in Chile and Peru.
New CIO installed at AFP Integra
June 27, 2017 by
Roberto Melzi, who at one time was head of fixed-income at the Sura-owned pension manager, most recently had broader responsibilities for Sura Investment Management across the region.
Sura to abandon Peruvian insurance and mortgage market to further develop AFP and wealth biz
June 12, 2017 by
Seguros Sura Peru will be absorbed by Intercorp’s insurance company Interseguro to make the latter one of the largest Peruvian insurance companies in terms of assets
Peru convenes commission to target comprehensive pension reform
May 1, 2017 by
Speaking to Fund Pro Latin America, Jorge Mogrovejo of Peru's Superintendencia de Banca y Seguros y AFP, said regulations allowing 65-year-olds to withdraw 95% of their pension savings will be studied as part of a broader reform.
PPK would seek to reverse damaging law allowing retiree withdrawal of pension assets
July 4, 2016 by
In one month alone, withdrawals of around USD 300 million were made, and it is estimated that in one year withdrawals could reach 10% of the total Peruvian pension fund.
