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.
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.
Foreign banks step up presence in Chile
For this year, Goldman Sachs announces opening of offices while State Street is set to expand operations.
MFS chooses Picton as distributor to win back institutional market
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
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
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
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
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
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
The state entity says 33% private participation in financing was achieved in 2012, and expects this figure to reach 60% by 2020.



