Since real-estate and infrastructure alternatives are considered fixed income, these products compare more favorably to other long-term local bonds already in AFP portfolios, say local distributors.
Providers of real-estate and infrastructure alternatives sense opportunity in Chile
Real-estate manager Asset AGF targets USD 500 million AUM via residential rental fund
This pioneer in the residential rental market, led by Felipe Swett, now finds itself in competition with other firms, such as Ameris, BTG Pactual, Credicorp Capital and Compass Group.
HMC to boost its profile in the real-estate sector
In alliance with leading real-estate companies, the firm plans the first-half launch of a novel mezzanine-type fund in Chile.
PGIM Real Estate global outlook: Striking the right portfolio balance late in the cycle
“The challenge for investors in the current environment is striking the right balance between taking on risk to capitalize on late-cycle growth opportunities and investing in strategies that offer greater downside protection,” said PGIM's Peter Hayes.
BlackRock’s alternatives group brings solutions-based approach to Latam market
With USD 184 billion in alternatives AUM, BlackRock aims to bring a local focus to alternatives offerings in Latin America, positioning itself as a provider of solutions for a growing number of clients, says New York-based Roque Calleja.
Vision to create two funds in partnership with Altment
Vision's Arturo Alegria expressed his enthusiasm for the new funds, which will be offered across institutional sectors, including family offices.
BCI Asset Management brings Lennar into its alternatives offering
Lennar, a real-estate developer in the US, is Bci's fourth global partner, alongside First Trust, Adams Street Partners and WellsFargo, said Bci's Sebastián Rodas.
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.
Second TC Latin America real-estate fund raises USD 268 million
TCLAREF II will opportunistically invest in the development of residential, commercial and industrial real estate projects in Peru, Colombia and Mexico, says Gregorio Schneider of TC Latin America Partners.
Market experts predict shift to alternative funds as traditional yields shrink
Pressure on AFPs to deliver decent-sized pensions will lead to greater investment in this category, especially considering the narrow yields of regional fixed-income and the volatility of global equity markets.