The manager launched the conservative Lifestyle "Traditional" fund to cater to conservative investors who "still get a bit nervous with the mix of 80% debt and 20% equity" said the firm's Luis Lozano.
CCR Monthly Approval Report – April 2018
Lombard Odier led with 10 mutual funds registered in the month, while AZ Fund followed with three of its own products. Eleven other mutual funds managers and ETFs sponsors completed the list with one product each.
Post-merger with Corpbanca, Itaú looks to launch ETFs and vehicles with global partners
"We want to increase the number of ETFs available in the market, which will surely bring more and better options to Chilean (and possibly international) investors," Itaú AGF's Wagner Guida told Fund Pro Latin America.
Slew of long-only funds to be greenlighted by CCR following ruling on hedge-fund use
The expected approval the week of April 23 of UCITs and 40 Act funds that use leverage comes after the CCR had delayed review pending guidance from the pension regulator on the use of hedge funds.
New real-estate fund regs permit hiring of third-party managers
Marcela Arias of the Colombian mutual fund association, Asofiduciarias, is optimistic about a boom in REIT activity beginning as early as the second half of 2018.
Principal expands its onshore Mexican offering to capture repatriated assets
Principal Fondos de Inversion this spring launched two new global funds - one a feeder and the other subadvised - to meet the investment needs of capital repatriated in 2017, said the firm's Luis Lozano.
Fund-of-funds biz in Peru among biggest growth areas
The general secretary of the Association of Mutual Fund Managers of Peru, Fernando Osorio, highlighted the growth of the industry’s AUM over the last five years.
State Street embraces new investment paradigm, launches investable indices
"We’re packaging an active strategy in rules-driven index, where security weights can change dynamically as relevant factors and big data indicators evolve," said Will Kinlaw of State Street Global Exchange.
CCR Monthly Approval Report – March 2018
Evli led with nine funds registered in the month, while Goldman Sachs (2), Invesco (2), Schroder (1), Deutsche (1), BNY Mellon (1), Pictet (1), and Lyxor (1) won approval for their mutual fund products.
Aberdeen launches diversified feeder fund to Brazilian investors in partnership with XP
The partnership with XP is strategic and will allow access to a extensive client base,” George Kerr, the director of Aberdeen Standard in Brazil, told Fund Pro Latin America.