The Chicago-based investment bank and asset management has opened a new office in Sao Paulo, Brazil, expanding firm's reach to Latin America.
AFP Habitat leads Fund Pro ranking for third year in a row
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.
SVS simplifies sale of foreign funds to individual investors
The funds will no longer need to be registered with the Foreign Securities Register since agreements between the Chilean regulator and the foreign markets will be recognized.
RBC to close Uruguay office
The decision is part of a strategic review of the Latin American business, said Aishling Cullen, a spokeswoman for the Toronto-based company.
Bank of America puts non-US wealth arm up for sale
The deal could bring in up to USD3 billion or more than 3% of assets under management.
Chile Monthly AFP Report Statistics – July 2013
Excel workbook detailing investments of all Chilean AFPs to international mutual fund managers. Data as of July 31, 2013.
Sura to distribute 66 BlackRock funds to non-institutional clients
The partnership will strengthen its open architecture model for fund sales. The U.S. firm is also pinning its hopes on potential growth in the retail segment.
Foreign banks step up presence in Chile
For this year, Goldman Sachs announces opening of offices while State Street is set to expand operations.
Pension fund portfolios ended 2012 with innovations
In December flows to international funds and ETFs stalled, but there was significant movement of portfolios toward equity in emerging markets and Asia. Fixed income funds are losing ground.
Chilean Managers eye Luxembourg
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.



