The Chilean regulator has approved 10 funds from European asset manager Candriam while a number of emerging market debt and Asia-focused vehicles were also given the green light.
The Comision Clasificadora de Riesgo (CCR) is the regulator which rates and approves the instruments Chile’s pension funds – who are among Latin America’s biggest international investors – are able to invest in.
In its latest monthly report the CCR approved 19 new Ucits funds, with Asia specialist Mirae Asset Management and Swiss boutique Pictet both having two of their funds granted approval.
A number of the funds are run by Citywire-rated managers and if you wish to find out more about how Citywire awards ratings to managers for their risk-adjusted performance then follow this link.
Below is the full list of the approved mutual funds and their respective managers: