The combined assets under management of both mutual fund managers is close to CLP 6.0 trillion (USD 6.5 billion).
WIth Lux fund registration, Bice AGF targets clients domiciled outside Chile
Bice's Pablo Costella told Fund Pro Latin American that two Latin American debt UCITS are already operating with the Lux domicile.
TIAA-CREF slashes its fund offering in Chile
The manager requested the CCR to withdraw 14 of its registered funds.
In tactical move, Chilean AFPs retreated from equities in December
The AFPs finished December with USD 84.3 billion in cross-border funds and ETFs, 71% of which was in equities. iShares remained the leading asset gatherer despite hemorrhaging USD 1.2 billion in the month,
Chilean AFPs poured into Asian equity in November while continuing to cut fixed-income
The AFPs finished November with USD 82 billion invested in cross-border funds and ETFs, 73% of which was in equities.
AFPs favor Asian equity and emerging-markets debt as markets recover
AFPs injected USD 760 million into emerging-markets bonds and USD 743 million into Asian equity in February, as total cross-border allocations passed the USD 80 billion mark.
Nordea to retain Bice relationship in Chile as it preps Andean beachhead
Bice Asset Management will continue supporting them in Chile with local AFPs, even though the 10-year distribution agreement is expiring, according to Bice's Enrique Santibáñez.
BICE focuses on internationalization and alternatives
BICE Inversiones is eyeing opportunities in the alternatives space, and is nearing an agreement with a large global private-debt manager, said the firm's Enrique Santibáñez.