Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore

The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.

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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.

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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.

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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.

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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.

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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.

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