Sura to distribute 66 BlackRock funds to non-institutional clients

The partnership will strengthen its open architecture model for fund sales. The U.S. firm is also pinning its hopes on potential growth in the retail segment.

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Bice Inversiones launches international fund with tax break

The Bice EE.UU mutual fund will trade on the stock exchange giving participants tax-free gains.

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CNBV plans to facilitate creation of investment funds

Andrés Rodríguez, deputy director general of the Investment Management Department of the CNBV, said the corporate structure under which an investment fund is set up could be adapted.

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Consar: flexibility is key to achieving the objective of better pensions

Sergio Rodríguez, director general of Financial Planning and Economic Studies of the regulator, says his agency is planning to extend the 20% limit on foreign securities, and that flexibility is the key to long-term thinking on the system.

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Mark Mobius: Mexican pensions have the potential to outperform the Chilean market opening

The emerging market guru of Franklin Templeton believes that if the regulations continue to promote diversification options, as they have done in the last year, the country has the potential to outperform the Chilean market in three years.

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New Consar president receptive to adjustments in the investment regime but no hurry

Carlos Ramírez Fuentes, new president of the pension regulatory body, said they would continue promoting diversification and the time had come for the second generation reforms.

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Saxo Bank opens office in Uruguay for private investors

Saxo Capital Markets Agente de Valores is intended to bring the bank closer to its customers in the region and offer a service that is adapted to the needs of Latin American investors.

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JP Morgan appoints Jose Berenguer as senior country officer in Brazil

He will report jointly to Mary Callahan Erdoes, CEO of JP Morgan Asset Management, and Martin Marron, CEO of JP Morgan's Latin America franchise.

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CCR defines indirect investment of local funds

New regulations will require changes in the internal regulations of funds and could have a significant impact on real estate funds.

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Foreign banks step up presence in Chile

For this year, Goldman Sachs announces opening of offices while State Street is set to expand operations.

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