The CCR approved 10 alternatives products from Apax Partners, BlackRock, Hamilton Lane, Partners Group, Kohlberg Kravis Roberts & Co., PineBridge and Warburg Pincus.
CCR Monthly Approval Report – April 2018
Lombard Odier led with 10 mutual funds registered in the month, while AZ Fund followed with three of its own products. Eleven other mutual funds managers and ETFs sponsors completed the list with one product each.
Slew of long-only funds to be greenlighted by CCR following ruling on hedge-fund use
The expected approval the week of April 23 of UCITs and 40 Act funds that use leverage comes after the CCR had delayed review pending guidance from the pension regulator on the use of hedge funds.
CCR Monthly Approval Report – March 2018
Evli led with nine funds registered in the month, while Goldman Sachs (2), Invesco (2), Schroder (1), Deutsche (1), BNY Mellon (1), Pictet (1), and Lyxor (1) won approval for their mutual fund products.
CCR Monthly Approval Report – February 2018
Deutsche, Nordea, and Acadian each had two of their mutual funds registered, while Investec, Nomura and Lyxor followed, each with one product approved.
Chilean AFPs make their first allocation to British manager Veritas
The Veritas Asian Fund, managed by Ezra Sun, invests in Asia (ex Japan) and its performance has shown great consistency. In 2017, it had a return of about 50%, undoubtedly catching the attention of AFPs.
Four alternatives managers now approved in the CCR
Intermediate Capital Group, Oaktree Capital Management, The Carlyle Group and Ardian got the go-ahead from the risk-rating commission to offer alternatives products to the AFPs.
CCR Monthly Approval Report – January 2018
Legg Mason, Invesco, Natixis, Lyxor, and Degroof Petercam were the managers registering products in January 2018.
Chilean regulator sets comment period for rules banning hedge funds from AFP portfolios
Amid concern from foreign distributors and managers, the Pensions Superintendency published a draft resolution on January 8 aimed at clarifying what types of hedge funds can be purchased by Chilean AFPs.
ACAFI welcomes new alternatives regulations, but still sees pending issues
ACAFI chief Luis Alberto Letelier said attractive products and the hard work of local managers - not capital repatriation - have been the major driver for growth of the closed-end fund business in Chile.