The Senate seems unlikely to pass a bill allowing AFPs to touch any additional money flowing from worker paychecks to meet pension obligations.
Jorge Meyer de Pablo assumes CIO rule at Chile’s Security AGF
Jorge Meyer has replaced Gustavo Schmincke Aránguiz, who left the firm after just one year in the post.
Creuza Advisors sets sights on growth in 2021 despite AFP uncertainties
Lima-based Creuza plans to add US Equity, EM Equity, EM Debt, US Real Estate and Global PE funds to its offering, says Nicolás Lasarte, who manages the institutional business.
Andean AFPs hope improving economies will negate need for further withdrawals
A third withdrawal in Chile or in Peru does not have sufficient support at this time but, once the economic effect of the previous withdrawals is over, the situation could change.
Felices y Forrados in the spotlight as Chilean regulators aim to limit transfers
A government proposal would limit movements between non-adjacent multifunds, while Congress will also examine the role of unregulated advisors.
LarrainVial beefs up US Offshore operation
The hiring of a veteran Miami-based executive will strengthen the offerings of Aegon, Brown Advisory and Pinebridge Investments in the offshore wealth segment.
AFPs: Wave of reforms sweeps Chile and Peru
Along with approving the withdrawal of funds to fend off economic hardships caused by the pandemic, deep reforms are being discussed in both countries.
Wealthy likely to move AFP money to tax-deferrable local investments
To avoid a tax hit, higher earners may shift their redemptions to local mutual funds using the voluntary retirement framework.
Chilean alternatives firm raises USD 1.1B from HNW, institutional sectors
Frontal Trust's original focus was on real estate, but in the last five years the firm developed expertise in private debt, private equity and infrastructure, said GM Carmen Vicuña.
Proprietary and third-party funds fuel Ameris’s rise in Andean institutional circles
Since 2019, the firm has raised USD 1 billion for third parties, while its local alternatives launches have garnered USD 1.5 billion.










