SURA AGF awarded as Chile’s Best Manager 2016
Friday, April 8th 2016. Yesterday, Administradora General de Fondos SURA received three Morningstar awards: Best Global Manager, Best Equity Manager and Best Fixed-Income Manager at the Morningstar Fund Awards, Chile 2016. This is the first time that one Fund Manager in Chile receives all existing awards at Fund Manager Level. In addition, it also received the award for Best International Equity Fund. Andres Acevedo, general manager of Administradora General de Fondos SURA , explained that "these distinctions are the result of years of consistent and disciplined work on decision-making, through an investment process that combines the well-balanced vision and analysis of the investment team, which helps us define the tactical allocation to various portfolios." This new edition of Morningstar Awards, held in Chile since 2013 and replicated in about 30 countries around the world, seeks to distinguish funds and Fund Managers adding greater value to investors. In addition, it aims to highlight those institutions that deliver risk-adjusted performance over their competitors through their range of mutual funds. About SURA Chile SURA Chile is part of the Latin SURA Asset Management company; with a presence in six countries in the region. In Chile it operates in the market of mutual funds, life insurance, stocks and the pension industry through AFP Capital, totaling USD 33.6 billion in AUM from 1.9 million customers. About SURA Asset Management SURA Asset Management is a Latin American company with operations in the areas of pensions, savings and investment in Mexico, Peru, Chile, Colombia, Uruguay and El Salvador. It is a subsidiary of Grupo SURA and five shareholders who own a minority stake: the International Finance Corporation (IFC), member of the World Bank Group; Bolivar Group, Bancolombia, the International Investment Fund General Atlantic, and the Wiese Group. In December 2015, SURA Asset Management has a total of US$ 103.1 billion in AUM, owned by 17.3 million customers. * Customers and AUM include AFP Protection in Colombia and AFP Crecer in El Salvador, although not controlled companies, SURA AM has a significant stake.