Bice-Security merger will create fourth largest mutual fund manager

The combined assets under management of both mutual fund managers is close to CLP 6.0 trillion (USD 6.5 billion).

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Jorge Meyer de Pablo assumes CIO rule at Chile’s Security AGF

Jorge Meyer has replaced Gustavo Schmincke Aránguiz, who left the firm after just one year in the post.

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With Santibáñez hire, Security moves to distribute international brands

While Security already has a distribution alliance with Oaktree Capital Mgt., the hiring away of Enrique Santibáñez from Bice was seen as a major step in fully developing this line of business.

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Deutsche sells Mexican banking and brokerage business to InvestaBank

InvestaBank would gain control of Deutsche's lucrative depository-receipt business in Mexico, which has profited from sales of foreign securities (including ETFs) on the Mexican Stock Exchange.

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