Reversal highlights political constraints on deepening Peru’s pension system.
Peru’s SMV pushes open architecture through new distribution channels
Proposed rule would let AFPs and investment banks distribute third-party mutual funds, expanding access while raising questions about conflicts of interest and market structure.
Jupiter focuses on listening to its clients to navigate reforms in the region
“We see significant growth potential across Latin America, with Mexico, Chile, and Colombia standing out as markets where client demand and engagement are particularly strong,” said William Lopez, Head of Europe and Latin America at Jupiter Asset Management.
Chile’s pension regulator faces leadership transition and legal challenge from AFPs
Chile’s incoming administration has decided to appoint former CMF chairman Joaquín Cortez as head of the Pension Superintendency, replacing long-serving superintendent Osvaldo Macías.
New draft decree raises concerns across Colombia’s private pension system
Labor Ministry proposal would require AFPs to transfer more than USD 6.8 billion to the state pension administrator Colpensiones.
Chilean pension regulator proposes 15 lifecycle funds
The Superintendencia de Pensiones has proposed a new lifecycle regime set to take effect in 2027, including benchmark portfolios and structural reviews every three years.
Chile’s FAPP Investment framework delays alternatives allocation
New rules impose a 24-month ban on private markets, cap equities at 60%, and set a 50–80% international allocation range.
ETF listings approved by the CCR reach 875 products
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.
CMF consolidates AGF regulations, raising compliance and operational demands
Nearly 80 separate regulations will now be consolidated into a single regulatory framework, incorporating enhanced disclosure requirements and international best practices.








