While WisdomTree and iShares led with three and two ETFs, respectively, registered in the month, Franklin Templeton, PineBridge and JP Morgan also won approval for funds of their own.
CCR Monthly Approval Report – September 2015
October 1, 2015 by
AXA and Fidelity registered six new mutual funds, while Nordea had three new funds approved.
Rule changes in Chile could unleash AFP investment boom in private equity
September 10, 2015 by
Pension Superintendent Tamara Agnic recognized that significant changes to the AFP investment regimen are under consideration. These modifications could potentially result in higher allocations to alternative asset classes, and direct investment by the AFPs in cross-border private-equity funds and REITs.
Vibrant, agile Mexican fund industry in sight thanks to streamlined regulations
September 1, 2015 by
"There was a lot of very tedious bureaucracy in the past, but now the creation and operation of funds will be much smoother," says Eduardo Flores Herrera (photo) of Mexico's CNBV.
CCR Monthly Approval Report – August 2015
September 1, 2015 by
While Edmond de Rothschild led with four mutual funds registered in the month, Neuberger Berman and Santander also won approval for two products of their own.
Pension association suggests allowing smaller Afores to invest in cross-border funds
August 6, 2015 by
"This possibility would an interesting revolution for active managers, especially for smaller Afores, which find the cost of mandates beyond their means," said Carlos Noriega, president of Amafore.
CCR Monthly Approval Report – July 2015
August 6, 2015 by
A global ETF brand registered nine new ETFs in the month, all of them UCITs products, while Invesco, F&C, Goldman Sachs and Van Eck each won approval for one of their own.
AGFs have not yet assimilated new supplementary activities
July 28, 2015 by
This new regulation authorizes supplementary activities for companies that manage mutual funds and closed-end investment funds, including managing and distributing shares of foreign funds and providing investment advisory services to local firms.
Cash contributions to retirement schemes raise money-laundering fears
July 28, 2015 by
According to sources in the sector, the issue of cash contributions has raised the eyebrows of some international players interested in the potentially huge global-investment-mandate business with the Afores, which manage close to USD 200 billion.
BNP Paribas outlines how mandate process in Mexico could be improved
July 15, 2015 by
Noting that the Afores were born in 1997 and turn 18 in 2015, Luis Palacio, sales director of BNP Paribas Investment Partners in Mexico, says: "They have reached legal age and must be allowed to make decisions like adults."
