The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.
LarrainVial analyzes Oppenheimer funds after merger announcement with Invesco
LarrainVial is eyeing opportunities to add to Invesco's asset-gathering success. In Chile alone, it has helped the manager raise USD 2.5 billion from AFP pension managers.
LarrainVial to promote Invesco funds in Uruguay/Argentina market
Invesco products being offered initially in Argentina and Uruguay will reportedly be linked to European equities, according to Larrain's Sebastián Caronni.
Affluent investors flocked to cross-border funds in first half
Wealth-management clients in the US and Latin American offshore markets were attracted to strong returns across a range of regions, though they've grown more conservative in the second half, says Richard Garland, managing director at Investec Asset Management.
Invesco hard-closes Japan star’s blockbuster fund
The fund, popular with Latin pension managers, returned 67.4% over the three years ending April 2014, vs. an average peer-group return of 41.9% in Japanese yen terms.
AUM losses in January topped USD 300 million for some funds held by Chilean AFPs
On the active-management side, the top 12 funds suffered a combined AUM loss of USD 851 million, while for ETFs the reduction in AUMs was a more moderate USD 501 million. Products from Templeton, Aberdeen, and iShares were the hardest hit. Meanwhile there was some good news for AXA, Invesco and BNY Mellon.