Our History - SURA Asset Management

SURA Asset MANAGEMENT was established in 2011 as an affiliate of Grupo SURA, and as part of the acquisition of the assets owned by ING, in the Pensions, Life Insurance, and Investment Funds business in Chile, Colombia, México, Perú and Uruguay. The acquisition was completed on December 29, 2011. But this story goes back to the early 1980’s when Chile implemented the individual annuities system with the establishment of Sociedad Administradora de Fondos de Pensiones Santa María S.A., currently AFP Capital. Several important milestones took place during the years that followed, which led to the international operation that is now SURA Asset Management, which is present in Chile, Colombia, México, Perú, and Uruguay.

        2024SURA Asset Management pays the 2024 bond and refinances debt for USD 375 million.
Sale of AFP Crecer operations in El Salvador.

        2022 
Following the strategic direction exercise of SURA Asset Management with its board of directors, the Company is organized into two major business units: 1. Savings and Retirement, which grouped the businesses of pension fund managers (AFP, AFAP, AFORE) and Asulado. 2. SURA Investments: This new company is born from the integration of SURA Investment Management and Inversiones SURA, where its focus is defined in three segments: Wealth Management, Investment Management, and Corporate Solutions. 
Creation and launch of SURA Investments as a brand.
      
	Launch in the United States of the RIA (Registered Investment Advisor).
    
	Creation of Asulado, a company specialized in offering Pension Insurance and Annuities products in Colombia. 

        2020    

	 SURA Investment Management acquires Gestión Fiduciaria in Colombia to complement its offerings in the country.
    
	 Establishment of an investment vehicle in Luxembourg to serve clients in Europe and Asia investing in Latin America.

        2019SURA Asset Management, its subsidiaries in pension fund management, and SURA Investment Management become signatories of the PRI as a commitment to Sustainable Investment. 

        2018 Caisse de dépôt et placement du Québec (CDPQ) becomes a new shareholder.

        2017 

 USD 350 million bond issue.
 Sale of the lifetime annuity business in Chile.
 
 México – Sale of SURA’s insurance company in SURA Perú and México.

        2016México – Distribution agreement with BlackRock.
 
 México Incorporation of SURA Real Estate.
 
  Distribution agreement with BlackRock. 
 
International issue of USD 350 million in 10-year bonds. 8.0 times excess demand.

        2015 México – Incorporation of the stock brokerage firm "Sociedad Agente de Bolsa SURA".
  Launch of the USD 400 MM infrastructure fund.

 Distribution agreement with Franklin Templeton.
 
        2014  Implementation of the securities brokerage firm "Agente de Valores SURA".
 Distribution of insurance policies through our insurance brokerage agency [corredora de seguros Uruguay].
 
        2013   Acquisition of Primero Seguros de Vida.
SURA  AM – International issue of USD 500 MM in 10-year bonds, with a price 4.930% and a 4.875% coupon. 8.0 times excess demand.

        2012 México – Acquisition of 50% BBVA AFP Horizonte Perú.

  Incorporation of SURA stock brokerage firm.

 México – Relaunch of the lifetime annuities business.

  Distribution agreement with BlackRock.

        2011 
 Incorporation of AFISA SURA.

  Merger of Protección and ING Colombia.

 México – Acquisition of 63% of Seguros SURA (previously Invita) and Hipotecaria SURA.
Grupo SURA – Acquisition of ING Latam.
SURA AM - start of  SURA AM.

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