Amundi, Alpine Investors, J.F., Artemis, Columbia, Federated Hermes, Eurizon, Invesco, Kline Hill Partners, Lehman & Co., LarrainVial, Robeco, VanEck were the fund sponsors gaining approval for new products in August.

The Constitutional Court upholds most of the reform, while the new administration moves to repeal the 30% cap on international pension fund investments.

After incorporating industry feedback, the Chilean regulator has broadened portfolio bands and tracking-error limits, giving AFPs greater flexibility in implementing generational investment strategies.

International partnerships and integrated wealth-management services are at the heart of their new strategies.

The new regulatory framework allows these firms to offer investment advisory and portfolio management services, subject to regulatory requirements.