Asset-management moves: AFP-industry veteran steps out of executive role

April proved to be a busy month for executive changes, as shareholder meetings convened in Chile. Changes at Moneda, Credicorp and Planvital garnered the most attention.

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AFPs looking to local banks and insurers to strengthen alternatives teams

New investment rules have provoked a hiring spree among Chilean AFPs, which are revamping their organizational structures on the strategy side to best take advantage of new investment opportunities.

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Vision Advisors creates business development area, led by Javiera Prado

As a replacement for Prado in the institutional area, Vision has named an executive that had previously worked for local third-party representative Swiss Advisors.

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AFP Planvital names new chief of foreign investment

The new head replaces Javiera Prado, who left to join Vision Advisors as institutional manager some months ago.

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Delay in kickoff of independent-worker pension scheme impacts AFP Planvital and BTG

AFP Planvital is about to become a direct victim of the delay, since it would have benefited from independent workers' new compulsory flows. The situation complicates any potential plan by the AFP's owner - BTG Pactual - to sell the AFP to a third party.

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