Daniel Navajas of Compass Group viewed positively the proposed changes, which include increased access to alternatives, investment in high-yield bond funds and hedge funds, and AFP access to cross-border funds that might have a shareholder owning more than 10%.
Picton head favors direct AFP investment in alternatives
January 21, 2016 by
The tax benefits of local feeders still make sense for insurers and family offices, says Matías Eguiguren of Picton Advisors. But allowing the tax-exempt pension funds to invest directly offshore "would give them the opportunity to differentiate themselves."
Holdings Report – Peruvian Pension Fund Investment in Cross-Border Securities – August 2015
January 18, 2016 by
Excel workbook detailing Peruvian pension fund allocations to cross-border mutual funds, ETFs, investment funds, stocks, bonds and deposits. Includes names of all securities as well as amounts invested in each. Also included is a breakdown of offshore allocations by asset class. Data as of August 31, 2015.
Companies mentioned in this report: Allianz; Aberdeen; BNP Paribas; BNY Mellon Asset Mgt.; Deutsche; Franklin Templeton; Investec; BlackRock - iShares; Janus; Julius Baer; MFS; Muzinich; Pictet; Pioneer; PowerShares; Robeco; Schroder; State Street; Van Eck; Vanguard; Dimensional; Fidelity; JP Morgan; Threadneedle; UBS; GBM; NN Investment; Henderson; Matthews; Wisdom Tree; Invesco; Axa; Morgan Stanley; Vontobel; Habitat; Prima; Profuturo; Integra.
Holdings Report – Colombian Pension Fund Investment in Cross-Border Securities – October 2015
December 29, 2015 by
Excel workbook detailing Colombian pension fund (Obligatory + Voluntary) allocations to cross-border mutual funds, ETFs, private equity funds, bonds, stocks and other securities. Includes names of all securities as well as amounts invested in each. Also included is a breakdown of offshore allocations by asset class. Data as of October 31, 2015.
Companies mentioned in this report: Aberdeen; AllianceBernstein; Allianz; Amundi; AZ Fund Management; BBH; BlackRock; BNP Paribas; BNY Mellon; Deka; Dimensional; Fidelity; Franklin Templeton; HSBC; ING; Invesco; Investec; iShares; JP Morgan; LarrainVial; Lyxor; Matthews Funds; MFS; Morgan Stanley; Old Mutual; Pictet; Pimco; Pioneer; PowerShares; Robeco; Schroder; State Street; Van Eck; Vanguard; Vontobel; WisdomTree; Proteccion; Porvenir; Colfondos; Old Mutual; HSBC; FiduDavivienda; Colseguros; Popular; Alianza; Correval.
Holdings Report – Peruvian Pension Fund Investment in Cross-Border Securities – July 2015
December 27, 2015 by
Excel workbook detailing Peruvian pension fund allocations to cross-border mutual funds, ETFs, investment funds, stocks, bonds and deposits. Includes names of all securities as well as amounts invested in each. Also included is a breakdown of offshore allocations by asset class. Data as of July 31, 2015.
Companies mentioned in this report: Allianz; Aberdeen; BNP Paribas; BNY Mellon Asset Mgt.; Deutsche; Franklin Templeton; Investec; BlackRock - iShares; Janus; Julius Baer; MFS; Muzinich; Pictet; Pioneer; PowerShares; Robeco; Schroder; State Street; Van Eck; Vanguard; Dimensional; Fidelity; JP Morgan; Threadneedle; UBS; GBM; NN Investment; Henderson; Matthews; Wisdom Tree; Invesco; Axa; Morgan Stanley; Vontobel; Habitat; Prima; Profuturo; Integra.
BlackRock completes acquisition of Mexican infrastructure investment firm
October 14, 2015 by
This acquisition of Infraestructura Institucional, a specialist in transportation, energy and social infrastructure, is another step towards establishing BlackRock’s infrastructure investment capabilities in Latin America.
Afores join forces with Canadian investor to fund Mexican infrastructure projects
October 1, 2015 by
CDPQ, whose president is Michael Sabia (photo) and the consortium of Mexican Afores plan to commit about USD 1 billion each to the venture. CDPQ will hold a 51% interest, with Afores XXI Banorte, Sura, Banamex, Pensionissste and infrastructure fund Fonadin holding the rest.
Aberdeen continues alternatives push with new UCITs launch
September 1, 2015 by
The fund launch builds upon Aberdeen's efforts to diversify its product lineup, which it has also done via the acquisitions of Arden Asset Management and Flag Capital Management.
Strong VC performance drives jump in State Street’s GX Private Equity Index
July 24, 2015 by
Venture capital was the best performing private equity strategy with a return of 3.87% in the quarter. However, Will Kinlaw, head of State Street Associates, warned that fund distributions are outpacing capital draws over the last 33 months. Limited partners may be at a loss on whether to reinvest these assets in private equity.
Compass Group relaunches fund management operation, unveils USD 1.4 billion fund lineup
June 9, 2015 by
Jaime Martí, partner and country head-Chile at Compass Group, said the manager had recently finished adapting all of its investment vehicles to the new guidelines established by the Unified Fund Law (LUF).
