The Chilean regulator delisted 34 funds for falling short of the required minimum of USD 100 million in assets under management, while added six mutual funds and six ETFs to the list of approved instruments eligible to receive allocations.
BlackRock’s iShares unit to unveil new line of multi-factor sector ETFs
BlackRock’s Factor-Based Strategies Group, led by Andrew Ang, oversees the broadest suite of factor-based products and capabilities, with more than USD 142 billion in assets under management.
State Street sees institutions warming to factor-based models in low return environment
“Institutions are struggling with different investment policies that don’t meet their needs,” said Lori Heinel, chief portfolio strategist at State Street Global Advisors. Increasing adoption to approaches including objective- and factor-based models such as smart beta strategies may offer better risk weighted returns, SSGA says.
CCR Monthly Approval Report – April 2016
BNP Paribas led with three mutual funds - three of them Europe Equity products - registered in the month, while New Capital, a fund family belonging to EFG AM, followed with two mutual funds.
CCR Monthly Approval Report – March 2016
While iShares led with five ETFs registered in the month, four of them currency hedged products, Edmond de Rothschild (3), Legg Mason (2), Credit Suisse (2), Investec (1), Julius Baer (1) and Lazard (1) won approval for their mutual funds.
CCR Monthly Approval Report – February 2016
Five funds were added, while 17 were delisted. Edmond de Rothschild led with three mutual funds listed, all of them equity products, followed by BlackRock and NN IP, each with one new fund approved.
Santander unveils Spanish fund lineup to Andean AFPs
With Lázaro de Lázaro, CEO of Santander Asset Management España in tow, the manager took a roadshow to Chile, Peru and Colombia, talking up its recently approved Spanish fund lineup and emphasizing the importance of diversifying portfolios to Europe.
CCR Monthly Approval Report – January 2016
A total of 19 products were added in January to the list of approved instruments to receive investments from Chilean Pension Managers (AFPs). Petercam, Highland Funds, AZ Multi Asset, MAN-GLG, Invesco, PIMCO and Pictet were among the managers registering products.
Ex-Pinebridge manager Rafael Mendoza takes charge of Investec’s GSF Latin American Equity fund
Compass Group's Carina Güerisoli, who previously ran the fund, will continue to run Investec's Latin American Smaller Companies fund.
Man GLG hires emerging-market-debt pro for US discretionary team
Guillermo Ossés brings a 24-year resume to GLG, following previous positions with HSBC, Pimco, Barclays and Deutsche.