A state AFP is one of the proposals with most impact on presidential candidates, but would not have the support of the technical people.
Heyman y Asociados joins forces with Franklin Templeton in Mexico
The Heyman team will provide investment management services through Franklin Templeton Servicios de Asesoría Mexico, a new institutional investment management subsidiary, of which Timothy Heyman will become CEO.
Industry looks for increased liquidity for closed-end investment funds
The new legislation should include authorization to repurchase up to 10% of their own shares annually, Enrique Ovalle, general secretary of Acafi, says.
Chile Monthly AFP Report Statistics – July 2013
Excel workbook detailing investments of all Chilean AFPs to international mutual fund managers. Data as of July 31, 2013.
Peruvian AFP Investments in International Mutual Funds – July 2013
Excel workbook detailing Peruvian AFP allocations to global mutual fund managers, over various time periods. Also included is a breakdown of offshore allocations by asset class, over various time periods. Data as of July 31, 2013.
Sura to distribute 66 BlackRock funds to non-institutional clients
The partnership will strengthen its open architecture model for fund sales. The U.S. firm is also pinning its hopes on potential growth in the retail segment.
Bice Inversiones launches international fund with tax break
The Bice EE.UU mutual fund will trade on the stock exchange giving participants tax-free gains.
CNBV plans to facilitate creation of investment funds
Andrés Rodríguez, deputy director general of the Investment Management Department of the CNBV, said the corporate structure under which an investment fund is set up could be adapted.
Corfo sees ending support for private equity by 2030
The state entity says 33% private participation in financing was achieved in 2012, and expects this figure to reach 60% by 2020.
Managers confirm simplification of SBS registration process
Over the last few months the registration process for new foreign mutual funds has been reactivated, with record times of six weeks.