Pension Superintendent Tamara Agnic recognized that significant changes to the AFP investment regimen are under consideration. These modifications could potentially result in higher allocations to alternative asset classes, and direct investment by the AFPs in cross-border private-equity funds and REITs.
Picton poaches Baring Asset Management from BTG Pactual
July 28, 2015 by
Baring had previously distributed its funds via Celfin Capital, which was purchased by BTG Pactual. With the help of Picton and Matías Eguiguren, the firm seeks to compete for allocations in Europe, Asia and emerging markets.
2014 marked the return of Morgan Stanley in Chile
May 5, 2015 by
Driven by a stepped-up marketing effort by local distributor Picton Advisors, investments by Chilean AFPs in the US-based manager grew from USD 26 million to USD 736 million.
