Pensions Superintendent looking at use of currencies by AFPs

It had been noticed that some foreign managers have issued special share series denominated in currencies different from the underlying asset.

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JP Morgan Funds strengthen in Latin America

The creation of a new job to coordinate all sales in the region, filled by Guiuliano de Marchi, combines with the plans to open a distribution office in Colombia.

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Fixed-income ETFs waiting for Chile-US double taxation agreement

The agreement will grant a 30% exemption for these instruments from the current withholding on the capital gains.

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Chilean financial institutions ready to adopt FATCA standard

The various industries involved and their partners are finalizing operational details for filing the information requested by the United States while waiting for the intergovernmental agreement.

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Bice Inversiones aims to strengthen its offer in Asia

The distributor is looking for a manager specializing in Asia to complement its existing offer. Bice currently distributes funds of Goldman Sachs, Van Eck, Nordea, and TIAA-CREF.

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Regulatory change extends fixed income spectrum for AFPs

The E fund will soon be able to invest in mutual funds and fixed income ETFs, even though up to 10% of the portfolio of these instruments relates to the restricted category.

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Gonzalo Binello will move to London to take up a new role in Schroders

In February, Gonzalo Binello, the Head of Distribution Latin America (ex-Brazil) of Schroders, will move to London to take up a new role in the Global Financial Institution Group (GFIG).

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Transfers begin to affect pension funds’ portfolio strategy

AFPs could be looking for more liquid instruments to deal with mass changes, such as happened in April at the suggestion of a pension consultant.

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Idea of raising the pension contribution percentage gains ground

A state AFP is one of the proposals with most impact on presidential candidates, but would not have the support of the technical people.

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Former Tanner manager Claudio González opens family office

González created GH Capital Invest with a target of reaching USD20 million AUM in six months of operations with private clients and companies.

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