Santander Chile accepts purchase offer for its asset management subsidiary

Grupo Santander announced the creation of a new holding company, composed of Santander, Warburg Pincus and General Atlantic. Under the terms of the agreement, Warburg Pincus and General Atlantic will jointly control 50% of the holding company. Banco Santander Chile will distribute the products of the fund manager for a period of 20 years.

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USD2 billion pension portfolio in Latam whets appetite of Itaú AGF

The local manager of the Brazilian group has just registered a mutual fund with the Risk Rating Commission and hopes to attract investments from pension funds.

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