Repatriation of some MXP 100 billion, driven by the government decree that offers tax incentives on return of undeclared capital, has benefited mutual fund operators, says Principal's Luis Lozano.
BICE Inversiones tapped to subadvise cross-border fund
The fund will invest in investment-grade Latin American fixed-income securities and be marketed through various global mutual fund platforms, but under the name (or brand) of a European bank, said t BICE's Enrique Santibáñez.
CCR Monthly Approval Report – August 2017
Investec and Morgan Stanley had two products each registered, while JP Morgan and Lord Abbett followed completed the list with one fund each.
CCR Monthly Approval Report – July 2017
Only three products were added in the month from three different asset managers: HSBC, Macquarie and Kames Capital.
BTG Pactual to distribute funds of Fraga-led Gávea Investimentos
Ignacio Pedrosa, BTG Pactual's manager for third-party distribution, said Gávea had exceptional managers with a combination of political and business experience very difficult to find.
CCR Monthly Approval Report – June 2017
UBAM led with four mutual funds registered in the month, three of them bond products, followed by Allianz and Investec, each with one fund approved.
Azimut nails down first AFP investment with sale of global bond fund
While Azimut is a very strong player in Italian retail, efforts to place funds with Latin institutions has taken a while. With one AFP already investing, the firm expects tickets from a few others, as well as from family offices and FOFs.
BlackRock bets on Colombian infrastructure with local fund launch
The locally domiciled fund aims to provide investors with attractive yields and long-dated investments linked to inflation.
WisdomTree, via Compass Group, promotes global ETF customized for Mexican Afores
Constructed in line with the Afores investment regime, this new WisdomTree ETF listed on the SIC of the Mexican Stock Exchange is targeted at the USD 11 billion that Mexican pension funds can still invest under the international equity limit.
CCR Monthly Approval Report – May 2017
The Chilean regulator added 14 ETFs, all sponsored by UBS, and four mutual funds the list of approved instruments eligible to receive allocations.