Local analysts believe that the mutual funds of Penta would be rapidly absorbed by the funds of Banchile. However, doubts abound regarding the merger of the two firms' closed-end funds.
Political and legal questions could be provoking redemptions from Penta and CorpBanca funds
January 29, 2015 by
In the last quarter of 2014 these two managers suffered the worst falls in AUMs amid a period of great growth for many of their peers.