Tag Archives: Chile

SPIVA® Latin America Mid-Year 2018 Results

Last week, the SPIVA Latin America Mid-Year 2018 Scorecard was released. The scorecard tracks the performance of active mutual funds in Brazil, Chile, and Mexico through the end of June 2018. Exhibit 1 shows how managers fared against their respective category benchmarks for one-, three-, and five-year lookback periods. In the short- and long-term periods, Read more […]

What September Brings for the S&P/CLX Index Series

September is here. The entire Chilean investment community has been looking forward to this month for many reasons. For one, the transition of operations of the Chilean indices has been completed. S&P Dow Jones Indices (S&P DJI) is now the official index administrator of the Bolsa de Santiago’s indices. Secondly, the rebalancing and reweighting of Read more […]

A Quick Look at Chilean Sovereign Bonds and Indices

This blog is an update of a post from Dec. 7, 2017.  The transition of the BCS indices to S&P/CLX was completed on Aug. 6, 2018, and you can now find the S&P/CLX Fixed Income Indices on the BCS website. Now take another look at the fixed income offerings of the S&P/CLX Index Series with Read more […]

Introducing the Persistence Scorecard for Latin America

Following similar studies performed by S&P Dow Jones Indices on active funds in the U.S. and Australia, we introduce the Persistence Scorecard to the Latin America region. The two aforementioned studies have demonstrated that top-performing active funds have little chance of repeating that success in subsequent years. To determine if similar conclusions can be made Read more […]

SPIVA® Latin America – Active Versus Passive in Latin America

The SPIVA Latin America Year-End 2017 Scorecard, which tracks the performance of active funds in Brazil, Chile, and Mexico relative to category benchmarks, was recently released. To ensure that the report is as relevant as possible to market participants, the S&P/BMV IRT, the total return version of the S&P/BMV IPC, is being introduced as the Read more […]

Feliz Año Nuevo From Latin America

After Donald Trump became the 45th president of the U.S., the Dow® hit the 20,000 mark for the first time in history, there was a total solar eclipse, along with massive hurricanes, floods in Colombia, earthquakes in Mexico, a referendum in Catalonia, and the New England Patriots made an historic comeback in Super Bowl LI, Read more […]

A Quick Look at Chilean Sovereign Bonds and Indices

The Public Debt Office is the cornerstone of debt strategies for the Ministry of Finance in Chile. It supports liquidity and ensures stability in the local financial market through issuance and placement of treasury bonds. In this context, the Public Debt Office establishes referential interest rates in order to facilitate access to capital markets for Read more […]

Comparing Active and Passive in Latin America – SPIVA® Latin America

The SPIVA Latin America Mid-Year 2017 Scorecard was released this week.  The report covers Brazil, Chile, and Mexico in selected fund categories.  In line with the rest of the world, widespread gains were seen in both fixed income and equity markets in Latin America in the first six months of 2017. The recent rise in Read more […]

A View of Central Banks in Latin America

On June 22, 2017, Mexico’s Central Bank (Banxico) made another hike in its policy rate, saying that it was consistent with the efficient convergence process of the 3% inflation objective.  For Banxico, this is the fourth adjustment of the year, and the 19th since Banxico started a rising rates cycle in late 2015.  With all Read more […]

SPIVA® Latin America Year-End 2016 Results

Equity markets in Latin America saw gains across the board in 2016, with Brazil being one of the leaders, as the S&P Brazil BMI (BRL) returned 37.90%.  The Chilean market saw the largest yearly return since 2010, with a return of 13.53% for the S&P Chile BMI (CLP), while the S&P Mexico BMI (MXN) returned Read more […]