The buyers include investors such as General Atlantic, Afore SURA, BTG Pactual, Chubb and funds managed by Blackstone, Liberty Strategic Capital, and Qatar Investment Authority (QIA).

Asset managers are expanding their ETF footprint in anticipation of asset allocation shifts driven by Chile’s pension reform, positioning themselves for the transition to a generational fund structure.

Nearly 80 separate regulations will now be consolidated into a single regulatory framework, incorporating enhanced disclosure requirements and international best practices.

The acquisition will create a combined group with USD 2.5 trillion of assets under management.

This would be the fourth initiative currently under evaluation or in the planning stages by their respective sponsors.