Amundi's Gustavo Lozano said pensions have reached a certain stabilization, "although we will still have to be wary with respect to...the socio-political situation."
HMC Capital seals alliance with Manulife to distribute its Asian funds
The deal has been in force since July in Peru, Colombia and Mexico, while in Chile it will start operating in October this year.
Cross-border fixed-income funds being scooped up by Colombian AFPs
Over USD 900 million was invested in the asset class during the first half of 2020, with Colfondos and Protección leading the way.
New manager Fintual targets millennial Chileans with online-only offering
Tech-savvy fund manager Fintual has built a proprietary platform catering to 16,000 clients. It aims to hit USD 200 million in AUM by year end, says portfolio manager Stella Melaragno.
Singular strengthens local ETFs while promoting distressed-debt strategies for Oaktree
In just under two years of operations, the firm has earned a place in the market with its sponsored indexed products and alternatives offering through Oaktree.
Legg Mason builds on feeder fund biz in Brazil
The firm has listed a locally domiciled vehicle that feeds into an equities fund run by affiliate Rare Infrastructure, and another that invests in a global credit fund managed by Brandywine Global.
Chilean AFPs boost European and EMB positions in April
Total Chilean AFP assets abroad reached in April USD 62.7 billion and were at their highest level since October 2015. The increase from USD 61.7 billion was powered by returns, as the AFPs redeemed a net USD 177 in cross-border investments.
BlackRock adds regional director to oversee Chile, Peru and Uruguay
Andrés de Goyeneche joins BlackRock after having led Deutsche Bank Chile as its general manager. He now forms part of a Latin American and Iberian team that includes 130 investment professionals, of which 13 are based in Chile, Perú and Uruguay.