The deal was made possible by JPM's listing of 29 Lux-domiciled funds on the Chilean Stock Exchange, which grants the products public-offering status
Andres Karmelic to take CEO helm at Sura AGF
The new CEO was serving most recently as the deputy manager of fixed-income and had previously held positions at ING Chile, which was acquired by Sura.
Fee shakeup: Peru’s AFP Integra moves to 0% front-end load model
AFP Integra of Sura Group proposed charging only a management fee of 0.82%, while its competitors continue to charge front-end loads.
Sura Asset Management appoints Vidal to head fixed-income unit for regional fund business
Armando Vidal, until recently head of the fixed-income unit of Sura-owned Peruvian pension manager AFP Integra, has become the head of fixed-income for Sura’s fund businesses in Mexico, Chile, Peru, Colombia and Uruguay.
Sura eyes bigger slice of wealth segment in Mexico
With the idea of competing in the high-net-worth and private-banking segments, Grupo Sura is now seeking an agreement with a local brokerage firm, Pablo Sprenger, Sura's country CEO, said.
Afore Sura funds mandate with Investec for USD 150 million
Luis de la Cerda, investment director, said the Afore was open to granting new mandates and to evaluating options in mutual funds when the time comes.
Sura loses wealth-team heavy hitter to LarrainVial
Chile-based Juan Pablo Valdes, who was heading a Sura Asset Management wealth-management team with USD 2 billion in client assets, has joined LarrainVial Asset Management as commercial director.
New CIO installed at AFP Integra
Roberto Melzi, who at one time was head of fixed-income at the Sura-owned pension manager, most recently had broader responsibilities for Sura Investment Management across the region.
Sura to abandon Peruvian insurance and mortgage market to further develop AFP and wealth biz
Seguros Sura Peru will be absorbed by Intercorp’s insurance company Interseguro to make the latter one of the largest Peruvian insurance companies in terms of assets
Leadership change announced at Sura-owned AFP Capital
Andrés Castro, whose career spanned three decades inside the Chilean AFP system, stepped down as chairman of Chilean pension manager AFP Capital. He was replaced by Juan Carlos Jobet, a Sura Asset Mgt. director who previously served in the Piñera government.