Valmex’s Luis Lozano said the voluntary pension market is a solution for those with higher income, “who are not fully covered under the traditional and obligatory pension market.”
Tracking the Activities of Global Asset Managers in Latin America

Valmex’s Luis Lozano said the voluntary pension market is a solution for those with higher income, “who are not fully covered under the traditional and obligatory pension market.”

Fund-unit CEO Rodolfo Campuzano says Invex welcomes agreements with third-party managers, noting recent deals with Templeton, EDM and Nafinsa.

Finaccess offers international exposure through 15 funds, six of which have subadvisory deals. It is looking for partners for Asian and other thematic launches.

Larrain said it made the switch after reviewing several managers, and found that "UBAM was the firm that best fit our investment philosophy, with processes and standards at the maximum level in the European fund industry."

The boutique bank has included the EDM-advised fund on its third-party platform. The bank is encouraging its clients to diversify their portfolios, Jean Louis Guisset, director of Invex private banking business, told Fund Pro Latin America.

Over the last few months the registration process for new foreign mutual funds has been reactivated, with record times of six weeks.
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