Vehicles with better liquidity windows and activation of the secondary market have attracted interest from smaller investors.
Acafi: 30% of closed-end investment fund assets are from the non-institutional segment
August 29, 2012 by
iShares lists new ETFs in the SIC and expects more international exposure by Afores
August 28, 2012 by
BlackRock has USD8,000 billion in assets under management through cross-listed iShares in the SIC. Pension funds managed by Afores are still the largest investor.
Itaú Asset says Brazilians eyeing more foreign assets
August 23, 2012 by
A decline in interest rates to record lows is forcing funds to build a more diverse base of financial instruments to help lure new clients, said Paulo Corchaki, chief investment officer at Itaú Asset Management.
Scotiabank to buy majority stake in Colombian pension fund Colfondos AFP
August 14, 2012 by
Scotiabank says it has reached an agreement to buy a 51% stake in Colombia's fourth-largest pension fund company.
Market approves relaxation of public offerings
July 17, 2012 by
SVS issues new regulations to permit offerings of restricted securities to groups of up to 250 investors under certain conditions.
The XXI-Banorte method includes mandates and commodities
July 10, 2012 by
Now that the two Afores have completed their merger, the new XXI-Banorte is ready to take full advantage of the regulatory changes in favor of opening to specialized managers and investments in commodities.
Chilean wealth management clients optimistic
July 3, 2012 by
A survey reveals that in the global crisis, Chileans are relying more on local investment instruments. Most investors are guided by newspapers and magazines when taking decisions, against 39% who use financial advisors.
Before Afores can invest in mutual funds the regulations need surgery
June 29, 2012 by
The regulations on mutual fund operations and Afores investments in Mexico do not match, which means there is no viable possibility of investing in these vehicles.
Private equity managers are enthusiastic about Provida’s decision
June 25, 2012 by
The largest Chilean AFP has set up an Alternative Investment Department which may reflect a long-term view that opens the door to less liquid instruments.
Sale of BBVA Bancomer pensions could bring new players into the sector
June 22, 2012 by
The Latin America region is perceived as strong and growing, and the sale of BBVA Bancomer could place a brand in four countries with one operation. For Luis Sayeg Seade of Banamex, it would be interesting to see a Mexican player come out to fight in the region.
