The financial advisory firm Picton became the new distributor, for the Chilean and Peruvian institutional market, of the mutual funds of the asset management firm MFS, which previously had the same type of agreement with LarrainVial. With this move, Picton has added a second foreign manager to its institutional distribution area which began with the...
Franklin Templeton sees an opportunity in Mexico
February 4, 2013 by
Company executives visited the country and were cautiously optimistic about signs of opening in the pension and investment fund sector.
Brazilian insurers to adjust investment portfolios
February 3, 2013 by
The Brazilian government has passed a new resolution that establishes general investment rules to be observed by local insurance, reinsurance and private pension entities with regards to their assets linked to technical reserves.
iShares recovers leadership among AFPs
January 31, 2013 by
In December iShares received investments of over USD1 billion. Axel Christensen, executive director for South America (ex Brazil) of BlackRock, pointed to the strong interest in increasing exposure in assets and regions with higher risk-return, in markets other than the USA.
Afores sector faces three challenges, Amafore says
January 30, 2013 by
International investment, the level of contributions and coverage are among priority topics. The regulator’s role is crucial for a real effort to deal with them and continue the evolution of the pension system in Mexico.
Pension fund portfolios ended 2012 with innovations
January 30, 2013 by
In December flows to international funds and ETFs stalled, but there was significant movement of portfolios toward equity in emerging markets and Asia. Fixed income funds are losing ground.
Corfo sees ending support for private equity by 2030
January 19, 2013 by
The state entity says 33% private participation in financing was achieved in 2012, and expects this figure to reach 60% by 2020.
Pioneer appoints Bailie to head Western Europe and Latin America
January 15, 2013 by
He will join the firm in April and will report to Sandro Pierri, chief executive officer.
BlackRock to buy Credit Suisse ETF arm
January 11, 2013 by
Upon completion of the deal iShares – BlackRock’s ETF arm – will run 264 ETFs with USD157.6 billion.
Chilean Managers eye Luxembourg
January 3, 2013 by
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.
