SP eases investment constraints under final generational-funds framework

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

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Grey and Lascar refresh their offerings, stirring up Chile’s MFO market

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

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SMV opens new business opportunities for Peru’s asset managers

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

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The risk of renewed herding in Chile’s generational funds

AFPs are calling for wider deviation bands and greater flexibility in the selection of benchmarks to ensure that performance incentives do not ultimately push managers toward overly similar investment strategies.

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Peruvian pension fund members can switch to balance-based fees

The voluntary measure could give approximately 1.8 million members who entered the system before 2013 and did not take advantage of the original switching window the opportunity to migrate to the new fee structure.

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New EAFs have eleven months to build their operations

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.

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New pension superintendent reduces lifecycle funds to ten

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

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Peru moves toward a new pension portability framework

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

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Pension reform also reshapes rules on indirect investment fees

Some of the new restrictions on management fees have been in force since April, while others will take effect alongside the rollout of Chile's new lifecycle funds.

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Mercer’s AltamarCAM deal draws attention in Chile pensions

The transaction would bring a leading private markets platform under Mercer’s umbrella at a time when the firm is playing a key role in the implementation of Chile’s pension reform.

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