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).
CCR Monthly Approval Report – January 2019
Jupiter, Invesco, Pictet, Franklin Templeton (ETF), L&G (ETF), Bain (Alternative) and StepStone (Alternative) were the managers registering products in January 2019.
Siefore shift to life-cycle funds on track for passage in late 2019
The ex-head of the Afore association and now installed in Mexico's Ministry of Finance and Public Credit, Carlos Noriega has helped keep important pension reform measures on track in the Legislature.
CCR Monthly Approval Report – May 2019
JP Morgan led with eight ETFs registered in the month, while Lyxor (4), M&G (2), Amundi (1), Comgest (1), HSBC (1) and Angelo Gordon (1) won approval for their products.
Asset managers anxious as banking regulator is absorbed by Financial Market Commission
Given their strong dependence on the banking system, the Chilean asset management industry is on edge over future compliance requirements that the CMF may impose.
CCR Monthly Approval Report – September 2019
Amundi, Axa, Court Square, DWS, Eurizon, First Trust, Hayfin, Lazard, Man, UBS were the fund sponsors gaining approval for new products in September.