The executive signaled that a new project is in the offing, but it was unclear whether he will remain in the asset management industry.
Allianz quenches AFPs’ thirst for foreign equities
Allianz, which distributes its products through Credicorp Capital in Santiago, had a great third quarter, with its Euroland Equity Growth attracting USD 430 million from Chilean pension funds.
Chilean regulator on verge of publishing alternatives regulations
AFPs will likely be able to invest between 5% and 15% of their AUM in this asset class. Some distributors, such as Ignacio Montes of Credicorp Capital, had been hoping for sublimits to promote more real-estate and infrastructure investment.
Leak: Chilean AFPs will be asked to foot up to 5% of third-party-fund fees
While an official position was not staked out by the government at Chile Day 2017 in London, on June 29 and 30, talk in the halls of the event suggests that AFP pension managers will no longer be able to pass third-party costs to the pension fund. In response, local distributors voiced their opposition to Fund Pro Latin America.
Credicorp Capital picks up distribution of Rogge funds
Credicorp's Ignacio Montes said incorporation of the Rogge products came about as a direct result of its acquisition by Allianz, since the German firm already has a distribution agreement Credicorp.
Credicorp takes over Andean distribution for State Street
The tri-national firm had been looking for a passive manager for its distribution business, to complement its roster of traditional and alternatives firms, said Credicorp's Ignacio Montes, regional director of institutional distribution.
Credicorp looks for passive manager to complete its already diverse offering
Ignacio Montes explained to Fund Pro Latin America the strategy behind working with global firms such as Partners Group, Apax Partners, ICG, Colony Capital, Madison Dearborn Partners, Grosvenor Capital, Candriam, Allianz , TCW, MetWest, and Highland Capital.