The USD 12.4 billion sovereign wealth fund's cross-border equity positions are managed by BlackRock and Mellon.
CCR could delist funds whose AUM have fallen below USD 100 million
The CCR could delist funds, preventing them from receiving AFP allocations, or just place them under observation.
CCR Monthly Approval Report – March 2020
Hermes led with five mutual funds approved, followed by Barings and DWS with two products, and Invesco, Federated, EDM and JP Morgan with one mutual fund each.
Chilean retirement regime needs more creativity and flexibility, says mutual fund trade group
"We believe in giving priority to providing greater flexibility and incentives to generate more savings, AAFM general manager Mónica Cavallini told Fund Pro Latin America.
CCR Monthly Approval Report – February 2020
A total of 12 products were added in the month from nine different asset managers: Allianz, JP Morgan, Sycomore, Vanguard, Ardian, Clayton, Dubilier & Rice, New Mountain, Newbury Partners, and StepStone.
AFPs have a lot on the line as Chilean senate takes up pension reform
Under discussion is the creation of non-profit AFP cooperatives to compete with existing AFPs and forcing AFPs to return part of their fees (20%) in the event of negative returns, among other items.
CCR Monthly Approval Report – January 2020
Lazard, Credicorp Capital, Franklin Templeton, Pictet, Aditya Birla Sun Life, Altamar, Golden Gate, CarVal Investors, Golub, Kayne Anderson and Monarch were the managers registering products in January 2020.
CCR Monthly Approval Report – December 2019
SEI and LFDE, La Financière de l'Echiquier, led the list of registered investment products with five and three mutual funds, respectively, followed by Morgan Stanley and Wellington each with one product approved.
CCR lowers bar for alternatives managers seeking approval
Alternatives managers no longer need to show a USD 5 billion allocation in a specific asset class in order to gain CCR approval to sell to AFPs.
CCR Monthly Approval Report – November 2019
PGIM, the global investment management business of Prudential Financial, WisdomTree, DWS, iShares, JPMorgan, Jupiter, Moneda, NN IP, Ossiam, State Street, Benefit Street Partners, Insight Partners, JPMorgan, New Mountain Capital, Park Square Capital and Värde Management were the fund sponsors gaining approval for new products.