The AFPs made new investments worth USD 1.8 billion into European equity and USD 966 million to Japanese equity in the August-October period. The shift has helped move funds from Julius Baer, Henderson and Deutsche into the top-10 list of Chilean AFP holdings.
Rumors swirl in Chile over possible Aberdeen-BTG breakup
November 13, 2015 by
As BTG attempts to rebuild its global-fund distribution team, it faces the defection of not only Columbia Threadneedle but also Aberdeen, which at one time had gathered nearly USD 6 billion from Chilean AFPs.
Azimut sets up Chilean distribution arm backed by European fund offering
November 13, 2015 by
Azimut, headed by Alejandro Citterio in Chile, arrives precisely at a time when institutionals are increasing their positions in Europe and looking for opportunities in different sectors and asset classes. A look at AZ Andes' Latin American distribution strategy.
BlackRock lowers fees, broadens range of iShares Core suite
November 13, 2015 by
Ruth Weiss, head of the US iShares product team at BlackRock said the enhancements will provide investors with broader and more diversified exposures at competitive prices. Expense ratios have been reduced to as little as 0.03%.
Credicorp looks for passive manager to complete its already diverse offering
November 4, 2015 by
Ignacio Montes explained to Fund Pro Latin America the strategy behind working with global firms such as Partners Group, Apax Partners, ICG, Colony Capital, Madison Dearborn Partners, Grosvenor Capital, Candriam, Allianz , TCW, MetWest, and Highland Capital.
Latin America pummelled by Deutsche Bank consolidation
November 4, 2015 by
It remanins unclear what will become of Deutsche's custody businesses in Argentina and Mexico, where it serves as custodian for locally-traded instruments such as funds, ETFs and securities.
BlackRock swallows up Bank of America’s USD 87 billion money-market business
November 4, 2015 by
"Combining our business together with Bank of America assets and distribution puts us in a unique competitive position," said Tom Callahan, co-head of global cash management at BlackRock.
Columbia Threadneedle preps Andean distribution hub in Santiago
November 3, 2015 by
Columbia Threadneedle will have a proprietary distribution presence in Santiago, Chile in early 2016, according to Joseph Sweigart, senior institutional sales director for Latin America for the firm's institutional distribution business.
Latin American Pension Fund Investments in Cross-Border Securities – August 2015
November 2, 2015 by
Chart comparing levels of pension fund system investments in international mutual funds and other international securities. Data from Chile, Colombia, Mexico and Peru. Data broken out by instrument, Year-end totals from December 2010 through 2015, and as of August 31, 2015.
Pioneer’s Euroland Equity fund re-opens for new investment
November 2, 2015 by
According to Fund Pro Latin America, as of Sept. 30, Chilean pension fund managers (AFPs) and mutual fund managers (AGFs) had USD 15.2 million invested in fund, which is designed to build a high-conviction portfolio focusing on "superior investment ideas" within the Eurozone universe.
