What Moneda Asset Management does

Moneda Asset Management is a privately held Chilean asset manager founded in 1994 and headquartered in Santiago, operating as a dedicated active-investment firm focused exclusively on Latin American and related global markets. The firm runs a broad fund shelf organized into three pillars: Chilean and regional equity funds (Renta Variable Chile, ALL CAPS, RV Internacional, Renta Variable Emergente), fixed income funds covering Chilean, Latin American local-currency, and international investment-grade debt (Deuda Chile, Deuda Latinoamericana, Latinoamerica Deuda Local, RF Internacional IG, Deuda Latam IG, Renta CLP), and an alternatives sleeve including a long-running Carlyle co-investment series, an Alpinvest Secondaries VI vehicle, and the Cumplo Pronto Pago Pymes SME invoice-financing fund. Funds are distributed through two service platforms — Plataforma Local for Chilean/regional mandates and Plataforma Internacional for offshore vehicles — with two wholly-owned subsidiaries (Moneda Corredores Bolsa brokerage and Moneda Wealth Management) providing integrated distribution and servicing.

The business model is a recurring asset-management fee model: revenue is generated by charging management fees on assets under management across multiple fund series, with official quota values disclosed to the SVS (Superintendencia de Valores y Seguros). AUM exceeded USD 10 billion as of 2019, managed by a first-tier team including founding partners Pablo Echeverría (President) and Vicente Bertrand, CEO Alfonso Duval (since June 2019), and specialized research heads such as Camila Raddatz for Chilean equities. The client base is exclusively institutional — pension funds, sovereign wealth funds, insurance companies, and family offices — across Chile, Latin America, Europe, the Middle East, and Asia. The firm was the first Chilean asset manager to sign the UN Principles for Responsible Investment (PRI) in 2018 and is a member of the PRI Advisory Committee for Latin America, winning all four institutional-investor categories at the ALAS20 sustainability awards in 2020. No proprietary technology, AI/ML capabilities, mobile applications, or third-party integrations are disclosed; the competitive position rests on track record, ESG credentials, and institutional relationships rather than technology differentiation.

Name

Moneda Asset Management

Legal name

Moneda Asset Management

Website

https://moneda.cl

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Moneda Asset Management is a privately held Chilean asset manager founded in 1994 that runs a multi-asset fund shelf (equity, fixed income, and alternatives including Carlyle co-investments) serving institutional clients — pension funds, sovereign wealth funds, insurers, and family offices — across Latin America, Europe, the Middle East, and Asia, with AUM exceeding USD 10 billion.

Ownership category

akta.pro rank

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Asset Management Fees: Revenue generated through management fees from multiple investment funds including equity funds (Moneda Renta Variable Chile, Moneda RV Internacional), fixed income funds (Moneda Deuda Chile, Moneda RF Internacional IG, Moneda Deuda Latam IG), and alternative investment vehicles including Carlyle fund series. Fees are charged on assets under management across various fund series.

Distribution channels1 record

Marketing channels2 records

Core offering

Core offering details not evidenced in the provided source material.

Product overview

Moneda Asset Management is a leading Latin American asset manager offering a comprehensive portfolio of investment funds and portfolio management services. The product suite includes equity funds (Renta Variable Chile, ALL CAPS, RV Internacional, Renta Variable Emergente), fixed income funds (Deuda Latinoamericana, Deuda Chile, RF Internacional IG, Deuda Latam IG), and alternative investments (Carlyle co-investment funds, Alpinvest Secondaries, and the Cumplo Pronto Pago Pymes factoring fund). Services are delivered through two platforms: the local Plataforma Local for Chilean and regional products, and the Plataforma Internacional for offshore investments. The firm integrates ESG (Environmental, Social, Governance) factors across all investment strategies, as reflected in its PRI membership and dedicated ESG policies.

Differentiator

Problem solved

Functional benefit

Segments1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• UN Principles for Responsible Investment (PRI)coreStrategic or Co-development Partner · 1 January 2018Moneda was the first asset manager in Chile and second in the Southern Cone to sign the UN Principles for Responsible Investment (PRI) in 2018. By adhering to this pact, Moneda commits to following the six PRI principles based on incorporating ESG topics (environment, social, and corporate governance) in investment decisions, as well as encouraging disclosure and adoption of these topics by the companies in which they invest. Moneda belongs to the PRI Advisory Committee in Latin America.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LarraínVial Asset Management: Chilean-headquartered asset manager offering equity, fixed income and alternative funds across Latin America. Closest direct peer to Moneda in terms of product mix, institutional distribution and AUM scale in the Andean region.
• BICE Inversiones: Chilean asset management subsidiary of BICE financial group providing local equity, fixed income and balanced funds. Comparable Chilean institutional asset manager with overlapping fund families and pension-fund client base.
• Santander Asset Management Chile: Bank-affiliated Chilean asset manager offering mutual funds and institutional mandates. Directly comparable as a Chilean incumbent competing for the same pension-fund and family-office allocations.
• Compass Group Chile: Chilean wealth and asset management group serving private banking and institutional clients. Comparable in terms of Chilean fund distribution, multi-asset offerings and family-office relationships.

Regional players

• Sura Asset Management: Major Latin American asset manager with operations across multiple Andean and Central American countries. Comparable in multi-country LatAm equity/fixed-income fund offerings and institutional client focus.
• BTG Pactual Asset Management: Latin American-focused alternative and traditional asset manager with strong institutional franchise across the region. Comparable as a competitor for LatAm institutional mandates and alternatives flows.
• Itaú Asset Management: Brazil-headquartered asset manager with growing Andean and Chilean presence. Comparable as a large regional player offering multi-asset LatAm strategies to institutional investors.
• Principal Asset Management: Global asset manager with Chilean operations following the AFP Habitat integration. Comparable for Chilean pension-related institutional mandates and multi-asset fund offerings.

Broad incumbents

• Schroders: Global asset manager with established Latin American equity and fixed-income capabilities. Comparable as a broader incumbent competing for the same institutional LatAm allocations with deeper product breadth and global brand.
• BlackRock: World's largest asset manager with growing Chilean and LatAm institutional presence, including iShares ETFs. Comparable as the dominant broad incumbent whose scale and passive products increasingly compete with active LatAm managers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/moneda-asset-management

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Moneda Asset Management