Business: Banchile to go for bigger share of voluntary pension business

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Insurance News - Monday, February 8, 2010

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* Banchile to go for bigger share of voluntary pension business - Chile

Chilean brokerage Banchile is aiming to grab a larger share of the voluntary pension market (APV) by putting its focus on customer advisory and strengthening its investment capabilities, the company's APV deputy manager Francisco Torres told BNamericas.

Banchile ranks second among the 19 mutual fund administrators operating in the APV market with a 16.6% market share as of end-December, only trailing the local unit of US group Principal Financial (NYSE: PFG).

"We want to grow as much as possib ... more
http://www.bnamericas.com/news/insurance/Banchile_to_go_for_bigger_share_of_voluntary_pension_business/173307112

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In-deph interview
* Diego NemirovskyLatin American insurance sector AVP-analyst - Moody's Argentina<p><em>The Argentine insurance market has been hit on a number of fronts in the last year or so, particularly with the effects of the nationalization of the country's pension fund managers in late 200... more

http://www.bnamericas.com/interviews/insurance/Diego_Nemirovsky_,Moody*s_Argentina,/173307112

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