May was a very active month for the Comisión Clasificadora de Riesgo, with 20 mutual funds added to the list and 27 products delisted. Candriam led with 11 funds registered in the month, while Pictet and Mirae each won approval for two of their mutual funds.
CCR Monthly Approval Report – April 2015
While Franklin Templeton and iShares led with nine mutual funds and 10 ETFs, respectively, registered in the month, Allianz, HSBC, Bluebay, NN IM, Pimco and Vanguard also won approval for products of their own.
CCR Monthly Approval Report – March 2015
While Vanguard led with six ETFs registered in the month, all of them UCITs products, BlackRock and Morgan Stanley each won approval for three of their mutual funds.
First Trust wins approval to sell AlphaDEX ETFs in Chilean market
The CCR's action has enabled First Trust to "further expand the footprint of our merit-based AlphaDEX ETFs into a new institutional market," said Dan Lindquist, managing director of First Trust.
CCR takes no action on HSBC funds in recent meeting
The CCR generally takes into consideration the potential for heightened "reputational risk" of an approved fund sponsor, which could impact system returns or negatively influence Chileans' perceptions of the pension system itself.
CCR Monthly Approval Report – February 2015
A total of 14 products were added in February to the list of approved instruments to receive investments from Chilean Pension Managers (AFPs). Schroders led with eight mutual funds, all of them equity products, followed by PIMCO with two mutual funds and First Trust with two ETFs. Eastspring and Fidelity completed the list each with one approval mutual fund.
CCR may review funds of scandal-rocked HSBC at February meeting
A review of the "reputational risk" of HSBC - again in the news due to a potential tax-evasion scandal over its handling of high-net-worth accounts - may be on the agenda of the regulatory agency that determines eligibility to receive AFP investments.
IM Trust opens its offering to the institutional segment
The firm registered an investment fund - the IMT Spread Corporativo Local - with the CCR, and this product will soon be joined by two more. Local AFPs are an obvious target of the closed-end fixed-income fund.
CCR Monthly Approval Report – November 2014
A total of 23 mutual funds were added in November to the list of approved instruments to receive investments from Chilean Pension Managers (AFPs). BNP Paribas led with 14 funds registered in the month, followed by Vontobel (3) and Allianz (2).
CCR Monthly Approval Report – October 2014
While iShares led with 20 ETFs registered in the month, of which 13 are fixed income products, Janus and Rogge won approval for four and three of theirs mutual funds, respectively.







