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.
Afore Banamex to be first to operate mandates in Mexico
June 15, 2012 by
In a couple of months the pension manager expects to have international equities in its Siefores and sees commodities as the next asset ready for investment.
VelocityShares names a head of Latam sales
June 6, 2012 by
VelocityShares has appointed Daniel Saieh as managing director and head of Latin American sales.
Picton Advisors takes on Morgan Stanley distribution in Chile
May 31, 2012 by
The distributor is also preparing a global private equity closed-end investment fund with Warburg Pincus.
Criteria for contracting managers fine tuned
May 28, 2012 by
The Risk Review Committee issued a document clarifying the criteria for contracts between afores and managers in Mexico which makes the system viable.
