Grupo Prival has received authorization to operate an investment fund management company in the local market.
The Superintendency of Securities has authorized Grupo Prival to open a fund company, and it has a term of a year in which to register at least one investment fund.
At the end of April 2016, assets under management grew by 5.8% compared to December 2015, equivalent to an increase of $242 million.
From a report by the Chamber of Funds in Costa Rica:
Managed assets at the end of April 2016, investment funds showed growth in assets under management of 5.8% compared to the volume that was handled in December 2015.In effect, it went from the equivalent of US $4,181,000 (December 2015) to US $4,423 million (April 2016), in other words, and there was an increase of US $242 million.This increase is explained by open-end funds, which made US $193 million, while the closed-end type, made US $49 million.
español
2099