Specialist investment management business Kames Capital has partnered with Latin American investment and financial advisory firm HMC Capital to enter the Chilean investment market for the first time.
Kames Capital, which has US$56.7bn (€53bn)* assets under management, is headquartered in Edinburgh, Scotland and is the UK fund management arm of Dutch insurance giant Aegon. It can trace its history back to 1831 when it was established as Scottish Equitable Life Assurance Society. The company also has an office in London.
Through HMC Capital, Chilean pension funds now have access to the Kames High Yield Global Bond Fund which has been approved by the Comisión Clasificadora de Riesgo.
Peter Ball, director of institutional business at Kames Capital’s says: “The Chilean market opens new and exciting opportunities for Kames, not least in its pension industry’s search for high quality, established bond capabilities. Kames is well placed to meet this need and has a proven track record in managing dedicated high yield bond funds since 2002. We are delighted to have partnered with HMC and look forward to building our client base in Chile.”
Ricardo Morales, Partner at HMC Capital says: “We are delighted to introduce a world-class manager to our clients and continue adding value in the Chilean market. Kames Capital brings a unique approach to investing and we are confident that their value proposition will be well-received.”