Ashmore, Eastspring, AXA, BNY Mellon, and Stone Harbor Investment were among the fund sponsors gaining approval for new products.
CCR Monthly Approval Report – October 2016
November 2, 2016 by
While iShares led with 14 ETFs registered in the month, Fidelity (three), Invesco, Neuberger Berman and UBS also won approval for funds of their own.
Public marches to protest tax credits of AFPs owned by multinationals
October 21, 2016 by
The public is up in arms over the USD 400 million tax benefits received on a write-down of the goodwill stemming from MetLife's purchase of AFP Provida and Principal's purchase of AFP Cuprum in recent years.
CCR Monthly Approval Report – September 2016
October 7, 2016 by
M&G led with eight mutual funds registered in the month, all of them domiciled in the UK, followed by Lazard and Veritas, each with one fund approved.
CCR Monthly Approval Report – August 2016
September 7, 2016 by
HSBC led with three mutual funds - two of them fixed-income products and one equity - while BNY Mellon and Lazard followed with two funds each. The list was completed by fund listings from Nordea and GAM, while State Street listed a real-estate ETF from its SPDR family.
CCR Monthly Approval Report – July 2016
August 3, 2016 by
Goldman led with three products - two ETFs from its ActiveBeta family and one equity fund, while Vanguard followed with two ETFs and Credit Suisse, Pioneer and BNP completed the list with one fund each.
Conditions in Chile ripe for creation of state-run AFP
August 3, 2016 by
The government seeks to integrate prison and military employees into the AFP system. Francisco Murillo, CEO of Sura AM, which controls AFP Capital, said he welcomed the initiative.
CCR Monthly Approval Report – June 2016
July 14, 2016 by
Axa led with seven mutual funds registered in the month, all of them bond products, followed by Ashmore, Henderson and Natixis, each with one fund approved.
Chilean insurers push for 40% foreign investment limit
July 11, 2016 by
Commenting on a bill under review in Congress, Jorge Claude, executive VP of the Association of Insurers, said wider latitude to invest offshore is required in light of the small local capital market.
PPK would seek to reverse damaging law allowing retiree withdrawal of pension assets
July 4, 2016 by
In one month alone, withdrawals of around USD 300 million were made, and it is estimated that in one year withdrawals could reach 10% of the total Peruvian pension fund.
