Despite the pessimistic pronouncements of undersecretary of social security, Christian Larraín, AFPs may not be left out of the new pension model after all.
Pension reform: AFPs may be excluded from receiving future worker contributions
August 13, 2022 by
Undersecretary of Social Security, Christian Larraín, said the pension reform would likely limit the role of these managers, but hopes remain.
Azimut targets acquisitions in Chilean wealth space
July 2, 2022 by
Among individuals in Chile, "there is a preference for having money offshore and also for the platform to be offshore," Azimut's Diego Varela said,
CCR suspends some Allianz funds in Chile on heels of SEC charges
July 2, 2022 by
Market actors said they did not see fraud charges in the US impacting the firm's success in Chile.
Chilean AFPs and alternatives funds incorporate ESG into investment policies
June 30, 2022 by
ESG investment among 18 Chilean fund managers amounted to USD 6 billion through 44 funds, said Acafi board member María José Montero.
SURA starts offshore operations with new office in Miami
June 23, 2022 by
Inversiones SURA’s new office in Miami plans to serve thousands of clients from all over Latin America, said Pablo Matte Ross.
Shrinking AFP industry and local instability boost Chile’s offshore business
June 23, 2022 by
"Our clients want to maintain a balance between local and international investments," said Compass's Juan Cristóbal Figueroa.
Chilean fund industry satisfied with boosted regulation on investment advisors
June 23, 2022 by
The objective, according to Mónica Cavallini, is for advice to be given with greater transparency and in accordance with financial-market standards.
Peruvian AFPs given roadmap to scale back alternatives exposure
June 22, 2022 by
With the AFPs overexposed to these illiquid vehicles, the SBS issued guidance on how reduce positions while limiting the impact on returns and the market.
Fifth withdrawal fails, clearing path for deeper pension reforms
June 22, 2022 by
Separately, the government presented a constitutional reform to protect individuals' accumulated pension assets against expropriation.
