A law allowing withdrawal of 25% of pension savings is having a serious impact on AFP portfolios.
AFPs’ cross-border real-estate and infrastructure investment will not count against equity quotas
July 14, 2020 by
The Pension Superintendent said cross-border real-estate and infrastructure products will be classified as fixed-income investments, which should make them more attractive for AFPs.
Chilean lower chamber greenlights withdrawal of 10% of retirement savings
July 14, 2020 by
Unexpectedly, the bill gained the support of right-wing parliamentarians, threatening the stability of the individually funded system.
Idea of pension fund withdrawals gains ground in Chilean political and judicial arena
June 24, 2020 by
Though the Supreme Court can still weigh in , an appeals court ruling ordering AFP Cuprum to hand over to an affiliate all of her retirement savings has rattled the industry.
Singular strengthens local ETFs while promoting distressed-debt strategies for Oaktree
June 18, 2020 by
In just under two years of operations, the firm has earned a place in the market with its sponsored indexed products and alternatives offering through Oaktree.
Politicians look to AFPs to salve economic wounds during corona virus
May 31, 2020 by
Government officials across the Andes are suggesting allowing workers to tap into the pension savings to help make ends meet during the pandemic.
AFP Colectiva preparing a bidding process for new participants
May 31, 2020 by
The new entity is seeking from the pension regulator a certificate that will allow it to participate in the next portfolio bidding process for new participants, to be called at the end of 2020 or beginning of 2021.
Alternatives managers reactivate after Central Bank ups limits
May 10, 2020 by
Distressed debt and turnaround private-equity are expected to benefit from the boost in quotas on alternatives.
Chile set to redeem another USD 3 billion from FEES stabilization fund
April 30, 2020 by
The USD 12.4 billion sovereign wealth fund's cross-border equity positions are managed by BlackRock and Mellon.
CCR could delist funds whose AUM have fallen below USD 100 million
April 23, 2020 by
The CCR could delist funds, preventing them from receiving AFP allocations, or just place them under observation.
