According to Fund Pro Latin America, the deal will boost Zurich’s mutual fund business in Chile to well over USD 1 billion, by adding EuroAmerica AGF's USD 938 million in AUM to its current AUM of USD 363 million.
EuroAmerica turns over fund-management and insurance business to Zurich for USD 155 million
EuroAmerica AGF closed 2017 as a market innovator
The Chilean asset manager launched a string of diverse products, including Argentine equity and fixed-income vehicles that captured the attention of institutional and family-office clients.
EuroAmerica and MSCI partner on Chilean small-cap ETF
Amid a run-up in equity valuations, the two firms are trying to respond to higher levels of investor interest in local exposure.
EuroAmerica is latest Chilean manager to list funds in Luxembourg
Local Chilean fund manager of EuroAmerica has decided to register a High Yield Latam and Small Cap Latam fund in Luxembourg, according to group CEO Henry Comber.
Chilean wealth management clients optimistic
A survey reveals that in the global crisis, Chileans are relying more on local investment instruments. Most investors are guided by newspapers and magazines when taking decisions, against 39% who use financial advisors.