The State of Florida has granted SURA Asset Management authorization to operate via an offshore solution in the USA

The State of Florida has granted SURA Asset Management authorization to operate via an offshore solution in the USA

 

Medellín. May 19, 2022 Yesterday, Inversiones Sura Corp., a subsidiary of SURA Asset Management duly incorporated in Delaware, United States, received approval from the Division of Securities of the Florida Office of Financial Regulation authorizing it to provide its services as a Registered Investment Advisor (RIA), directly from that country.

With this new solution, Inversiones SURA´s clients in different countries shall be able to register a personal account domiciled in the United States. Through strategic alliances with market leaders, private individuals can now access a global platform hosting a broad network of international funds from the world's most recognized investment managers, thereby consolidating Inversiones SURA's offshore offering as part of a Regional Hub hosting a homogeneous and robust offering.

In this regard, Pablo Matte, head of Inversiones Sura Corp., stated: "This is a very important milestone for the Company, since we have been able to introduce a new solution that shall complement and strengthen our value-added offering on a regional level. More and more people are looking to diversify their investments, and what we are providing is personalized , flexible and goal-oriented advisory services so as to help our clients attain  their aspirations and dreams, through multiple  solutions firmly built on a universe of instruments financial .  All this and much more, with the support and security provided by a regulatory environment amply recognized on a global level. In this way we are striving to create opportunities to build a sustainable future, and to accompany our clients on a day-to-day basis”.

Internationalization is one of the main pillars in SURA Asset Management’s growth plans. This is why we are always in search of opportunities in different markets that allow us to continue strengthening our value-added offering for our clients.

Now that this authorization has been granted, the Company will continue to fine-tune its operations and perform internal testing prior to the date on which we shall be starting up for the general public, which we shall be informing all interested parties through the Company's communication channels.

 

About SURA Asset Management

SURA Asset Management is an expert player in the Latin American  pension savings and investment  and asset management industries present in Chile, Mexico, Colombia, Peru, El Salvador and Uruguay. It is a subsidiary of Grupo SURA besides having other shareholders such as CDPQ and Seguros Bolivar At the end of Q1 2022, SURA Asset Management held a total of USD 150 trillion in assets under management belonging to 21.6 million clients throughout the region.

* Client and AUM data includes AFP Proteccion in Colombia and AFP Crecer in El Salvador, where SURA AM holds a significant but not a controlling stake.