Executive from Habitat appointed as president of the AAFP

Will Assume the position vacated by Giovanna Prialé, who has taken over the presidency of FIAP.

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Strong criticism of the pension reform from some AFPs

The bidding process for 10% of existing participants is one of the issues of most concern to players in this market.

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Congress passes reform confirming the individually funded model

With the support of the main political forces, Congress finally passed the pension system reform. The reform raises contributions, confirms the role of AFPs and strengthens social protection.

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Mid-January is the deadline for choosing a pension manager

In this first stage, participants will be allocated to the four existing AFPs but by mid-2025 new managers will be entering the system.

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Sartor and Taurus set off alerts due to fund management issues

Both managers have had problems in managing their products which has been questioned by the regulator and the market.

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Diego Ceballos to succeed Sergio Soto at Santander AM

New CEO takes on the challenge of boosting market share.

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Tempus focuses on wealth and private bank segments

Offices in Argentina and Uruguay join the operation already established in Chile.

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Regulators focus on the special features of alternative assets

Solange Berstein and Osvaldo Macías favored adapting the offering to the liquidity of the underlying asset and preparing managers' teams to work with this asset class.

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Fund industry does not see AFP direct investment in alternatives as a threat

AFP Habitat's operation with Grupo Parque Arauco is seen as a way of strengthening the role of this asset class in pension portfolios.

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Generational funds could favor alternative assets

The government's proposal on generational funds has gained some consensus in the market and closely aligns with ideas presented by the AFP Association. It also has the potential to unlock greater long-term investment opportunities for pension managers.

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