A total of 28 products were added in the month from nine different asset managers: Amundi, Barings, BlueBay, Cathay, Fidelity, Janus Henderson, Principal, IK Investment Partners, Singuler Guff.
Chilean labor-committee amendment would force AFPs to eat cross-border-fund fees
AFPs and cross-border managers are clinging to hopes that the amendment will be expunged or reversed before the final pension-reform bill goes to a vote in the Congress.
Life insurers in legal battle to prevent client profits from being taxed
The Court of Appeals is analyzing the case. A decision against insurers could discourage people from using life insurance vehicles for savings, and push more clients to mutual funds.
International real estate gets boost from Chilean AFP regulator
Pension superintendent Osvaldo Macías said changes are coming to put international REITs on an equal playing field with their Chile-oriented brethren.
CCR Monthly Approval Report – March 2019
iShares led with ten ETFs registered, while Franklin Templeton, AllianceBernstein and Baillie Gifford won approval for their mutual fund products. The CCR also approved five alternatives products from BlackRock, Morgan Stanley, Oak Hill, Portfolio Advisors, and Tikehau Capital.
CCR Monthly Approval Report – June 2019
A total of 29 products were added in the month from nine different asset managers: iShares, Amundi, MainFirst, Jupiter, MFS, GAM, JP Morgan, Bci and Lyxor.
AFPs are third in line for independent-worker contributions
The staggered implementation, progressivity and varied purposing of independent workers’ contributions will cut into the planned inflows of AFP pension managers, notes AFP Association president Andrés Santa Cruz.
CCR Monthly Approval Report – February 2019
A total of 14 products were added in the month from 10 different asset managers: Investec, Man, Sycomore, Sinergy, Ardian, CVC, Oak, PGIM, and Global Infrastructure Partners.
Younger Colombian AFP affiliates move into more age-appropriate investment vehicles, spurring equity demand
BlackRock's Diego Mora viewed the government's rule change with optimism, noting that AFP demand for internationally diversified products like ETFs will increase.
Finally! Mexican Afores can now invest in active mutual funds
Long-awaited rules published by the Consar risk committee showed a bias to large managers (USD 50 billion minimum AUM) and stringent fee caps on active funds (65 bps maximum for equity funds).