Shrinking AFP industry and local instability boost Chile’s offshore business

"Our clients want to maintain a balance between local and international investments," said Compass's Juan Cristóbal Figueroa.

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M&G and Picton sign distribution agreement for Chile and Peru

"Picton continues to expand its footprint in Latin America through a partnership with a world-class active asset management firm," said founding partner Matias Eguiguren.

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Pension withdrawals: Andean AFPs still hold lion’s share of most managers’ Latin AUMs

Matías Eguiguren, a partner at Picton, recognized the damage done to pension fund positions since the outbreak of COVID-19.

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Picton takes over institutional distribution duties for Federated Hermes

Picton will focus on positioning Federated Hermes’ investment capabilities and services in the Latin American pension sector and with other institutions.

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Picton closes the year with a recognition and regional presence

Picton has signed mandates with firms like KKR, TPG, Ares, American Securities, Hamilton Lane, EQT, Permira and Apollo, among others.

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MFS reorganizes its Latin American sales approach

MFS has lost two Argentina-based directors, named a Miami-based executive as managing director for the Americas, and ended a third-party distribution relationship with Santiago-based Picton Advisors.

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Private-equity funds in Chile added USD 2 billion in AUMs in 12 months

Local domiciled private-equity funds are enjoying strong growth just as the regulator is proposing increased limits on AFP investments in alternatives.

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Picton head favors direct AFP investment in alternatives

The tax benefits of local feeders still make sense for insurers and family offices, says Matías Eguiguren of Picton Advisors. But allowing the tax-exempt pension funds to invest directly offshore "would give them the opportunity to differentiate themselves."

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Picton poaches Baring Asset Management from BTG Pactual

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.

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MFS chooses Picton as distributor to win back institutional market

The financial advisory firm Picton became the new distributor, for the Chilean and Peruvian institutional market, of the mutual funds of the asset management firm MFS, which previously had the same type of agreement with LarrainVial. With this move, Picton has added a second foreign manager to its institutional distribution area which began with the...

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