BNP Paribas Asset Management's Claudia Ceconelo said inflation, currency volatility and Brazil's upcoming elections supported demand for international funds, with the firm participating in two RFPs for exclusive mandates.

Sergio Espinosa, SBS superintendent confirmed three institutions are preparing to enter the country's mandatory pension market, with operations scheduled to begin in June 2027.

AFPs had previously warned the outgoing administration that managing 15 separate lifecycle portfolios would create significant operational challenges.

Vince León will work closely with financial advisors, private banks, wirehouses and independent broker dealers active in the US offshore market, helping clients access M&G's range of public and private market investment solutions.

Beginning in September, workers will be able to transfer between Peru's private and public pension systems.