Constructed in line with the Afores investment regime, this new WisdomTree ETF listed on the SIC of the Mexican Stock Exchange is targeted at the USD 11 billion that Mexican pension funds can still invest under the international equity limit.
Private-equity funds in Chile added USD 2 billion in AUMs in 12 months
June 29, 2016 by
Local domiciled private-equity funds are enjoying strong growth just as the regulator is proposing increased limits on AFP investments in alternatives.
Compass Group to distribute AQR Capital funds in the region
April 8, 2016 by
AQR planted stakes in Chile in the second half of 2015, when it successfully registered two funds with the Risk Rating Commission.
Ex-Pinebridge manager Rafael Mendoza takes charge of Investec’s GSF Latin American Equity fund
January 28, 2016 by
Compass Group's Carina Güerisoli, who previously ran the fund, will continue to run Investec's Latin American Smaller Companies fund.
Volcom Capital to distribute Nikko and Ardian funds in Chile
September 18, 2015 by
"It's a nice challenge and I think I have learned from the best, which is Compass Group," said Felipe Larraín, ex-manager of Compass's institutional distribution business and now head of Chile's newest multi-brand distributor, Volcom Capital.
Compass Group relaunches fund management operation, unveils USD 1.4 billion fund lineup
June 9, 2015 by
Jaime Martí, partner and country head-Chile at Compass Group, said the manager had recently finished adapting all of its investment vehicles to the new guidelines established by the Unified Fund Law (LUF).
Compass Group expands real-estate portfolio with USD 86-million placement
October 22, 2014 by
The firm's launch of an USD 86 million real-estate fund in Uruguay joins existing products investing in Peru and Mexico.
Compass Group tapped to manage Investec Mexico fund
April 10, 2014 by
The fund will be managed by the US-based Compass Group, which specializes in Latin America. Compass also runs Investec’s Latin American Corporate Debt, Latin American Equity, and Latin American Smaller Companies funds.
After banner year, two high-profile departures at JP Morgan’s Chile office
February 28, 2014 by
A series of abrupt personnel movements in recent weeks affecting JP Morgan Asset Management's Latin American distribution team have thrown into doubt just what shape the firm's asset-gathering effort will take in the region going forward. One executive has joined MFS; while the other - who helped the firm double its assets from AFPs in 2013 - is looking to reinsert himself into the market.
Fiscal reform takes bite out of tax benefit on pension-plan contributions
December 19, 2013 by
Up until 2013, contributions made by plan sponsors to private pension plans were 100% tax deductible. However, the new fiscal reform reduces the percentage to 53% and potentially just 47%, according to sources consulted by Latin Asset Management.
