January 10, 2019 |
Chile's Toesca Asset Management plans to expand its portfolio by 50% to roughly $1.5bn in assets under management by the end of the year, helped by buoyant infrastructure, real estate and equity markets.
"The asset management sector is growing," Augusto Noseda, a partner at Toesca, told LatinFinance. "We are going to see new net money going into our funds, which focus on the local equity, infrastructure, commercial real estate and private credit markets."
Toesca, which has $950m in assets unde
Chilean asset management firm looks to ride buoyant infrastructure, real estate and equity markets to 50% growth