Compulsory contributions for these workers will not come into force until 2015. The legal change could inject significant resources into pension funds, particularly through monthly flows.
IM Trust strengthens institutional focus with Allianz
February 6, 2012 by
Since the start of the year, IM Trust has been distributing Allianz’s funds in Chile, Peru and Colombia.
Foreign managers do not fear competition from local mutual funds
February 1, 2012 by
The Pensions Superintendency established procedures for accounting for shares which allow AFPs to use local mutual funds to invest offshore.
AFP Habitat leads Fund Pro ranking for third year in a row
November 18, 2013 by
In an exclusive interview, Alejandro Bezanilla, investment manager, explains the investment process and risk management of the AFP’s portfolios. Selectivity in selection of managers of international funds and liquidity for meeting transfers are key factors.
Pensions Superintendent looking at use of currencies by AFPs
August 7, 2013 by
It had been noticed that some foreign managers have issued special share series denominated in currencies different from the underlying asset.
JP Morgan Funds strengthen in Latin America
August 7, 2013 by
The creation of a new job to coordinate all sales in the region, filled by Guiuliano de Marchi, combines with the plans to open a distribution office in Colombia.
Fixed-income ETFs waiting for Chile-US double taxation agreement
July 17, 2013 by
The agreement will grant a 30% exemption for these instruments from the current withholding on the capital gains.
Bice Inversiones aims to strengthen its offer in Asia
July 12, 2013 by
The distributor is looking for a manager specializing in Asia to complement its existing offer. Bice currently distributes funds of Goldman Sachs, Van Eck, Nordea, and TIAA-CREF.
Foreign banks step up presence in Chile
February 19, 2013 by
For this year, Goldman Sachs announces opening of offices while State Street is set to expand operations.
MFS chooses Picton as distributor to win back institutional market
February 11, 2013 by
The financial advisory firm Picton became the new distributor, for the Chilean and Peruvian institutional market, of the mutual funds of the asset management firm MFS, which previously had the same type of agreement with LarrainVial. With this move, Picton has added a second foreign manager to its institutional distribution area which began with the...
