Until now only private-equity funds have been allowed to issue bonds. Leveraging is also a new possibility for closed-end vehicles.
Peru’s economy ministry warns about further weakening AFP system
April 1, 2022 by
The Congress is still pining for an additional withdrawal that could be approved in the second quarter of 2022.
Not dead yet: Chilean Congress still pushing for fifth pension withdrawal
March 28, 2022 by
Seven withdrawal bills will begin to be processed in the next few days, some for 10% and others for 100%. The executive is urging patience.
Peruvian insurer launches local fund line investing overseas
March 22, 2022 by
Fondos Max invest overseas using ETFs of JP Morgan, BlackRock and Vanguard, says Fernando Menéndez, investment manager of Vivir Seguros.
Compass starts distribution of Luxembourg-based Latam high-yield fund
March 22, 2022 by
Targeted at institutional investors and financial intermediaries.
OECD recommends single compulsory pension scheme for Colombia
March 10, 2022 by
The Colombian pension association used the report to promote conversion of the pay-as-you-go state-run scheme to the AFPs and the creation of a state-run AFP.
Nervous investors forced Chilean mutual funds to allocate record amounts abroad
March 10, 2022 by
Political uncertainty had an impact on the investors’ focus; 2021 ended with an unprecedented 20% foreign exposure for local mutual fund portfolios.
Chilean AFPs: 2022 will not be a year of sweeping changes
March 9, 2022 by
With several balls in the air for this year, not least of which a Constitutional Convention, few expect big pronouncements from the incoming Boric government in 2022.
Scotiabank launches wealth advisory to engage with affluent Chileans
March 9, 2022 by
"It’s a 360° approach, which implies a total wealth advisory service, covering financial planning and the best onshore and offshore experience," said Scotia's Ignacio Ruiz-Tagle.
Alternative funds seen losing share in AFP portfolios due to affiliate withdrawals
March 1, 2022 by
In the medium term, AFPs will have to reorganize their portfolios after a series of 10% withdrawals, says ACAFI president Luis Alberto Letelier.
