According to Mirae’s director of investments in Brazil, Andre Pimentel, the idea is to offer a product with more liquidity, given the difficulty of operate fixed income ETF in secondary market.
CCR Monthly Approval Report – September 2018
BlackRock, Invesco, Deutsche, PIMCO, Lord Abbett and UTI Goldfinch were the fund sponsors gaining approval for new products in September.
CCR Monthly Approval Report – August 2018
A total of 21 products were added in the month from 12 different asset managers: Baillie Gifford, Fidelity, HSBC, Janus Henderson, John Hancock, Apollo, Audax, Cinven, EQT, Lone Star, NB and Platinum.
Eighteen private-equity firms have registered funds for sale to AFPs
So far, registration in the CCR is led by private-equity fund sponsor, with 18 listed firms. Private debt and real estate follow far behind.
S&P Dow Jones’ IPSA/IGPA revamp not seen affecting ETFs in Chile
Silvia Kitchener, director of S&P Equity Indices for Latin America, said the idea is to project the IPSA as the stock exchange's investable index, with the general index, reflecting the behavior of the broader market, via the S&P/CLX IGPA.
CCR Monthly Approval Report – July 2018
A total of 45 products were added in the month from 14 different asset managers: State Street, iShares, AB, AZ Multi Asset, Barings, BMO, JP Morgan, Morgan Stanley, Ares, Coller, Crescent, Gelman, LGT and Vista.
Redeemable funds in Chile have gathered USD 5.2 billion in AUM
Luis Alberto Letelier, president of the ACAFI, says redeemable funds - which increasingly invest in funds of global managers - have opened a great tax-efficient opportunity for affluent Chilean investors.
CCR Monthly Approval Report – June 2018
Seven mutual funds, 20 ETFs and three alternatives were added in June to the list of approved instruments eligible to receive allocations from Chilean Pension Managers (AFPs).