Under discussion is the creation of non-profit AFP cooperatives to compete with existing AFPs and forcing AFPs to return part of their fees (20%) in the event of negative returns, among other items.
With Asian fund at USD 1 billion, Veritas looks to grow AFP offering
February 6, 2020 by
A China-oriented fund could may be joining Veritas's sole Chilean offering, managed by Ezra Sun, which has raised USD 1 billion.
Local advisors witness asset shift abroad amid Chilean unrest
February 5, 2020 by
Multi-family offices and the HNW segments of local banks have followed large family offices in moving wealth outside the country, advisors told Fund Pro Latin America.
CCR lowers bar for alternatives managers seeking approval
January 3, 2020 by
Alternatives managers no longer need to show a USD 5 billion allocation in a specific asset class in order to gain CCR approval to sell to AFPs.
Picton closes the year with a recognition and regional presence
January 18, 2020 by
Picton has signed mandates with firms like KKR, TPG, Ares, American Securities, Hamilton Lane, EQT, Permira and Apollo, among others.
Peruvian real-estate providers pounce on Chilean market
January 17, 2020 by
The situation of the real estate market in Chile could make Peruvian products attractive, especially for high-net-worth investors, said Jenny Esaine, partner of AC Capitales.
Social crisis brings uncertainty to Chilean real-estate fund segment
November 29, 2019 by
While exchange-traded instruments of this type suffered a drastic collapse in pricing, a proposed additional tax would severely damage future demand.
Court case in Chile could allow AFP affiliates to take early withdrawals from pension accounts
November 18, 2019 by
The courts will soon rule on a test case that may allow Chilean AFP affiliates to withdraw their savings before retirement.
BTG Pactual locks up regional distribution deal with T. Rowe Price, hires new sales head
November 18, 2019 by
The Chilean subsidiary of the giant Brazilian group already has distribution agreements with the firms Evli, Reliance Singapore, Solar Capital Partners, Audax, Mobius Capital and Krane Funds.
Gold ETFs may be OK’d by AFP regulator, a boon to State Street, BlackRock, Van Eck and Invesco
November 17, 2019 by
Gold ETFs will likely be approved for Chilean AFP investment in the first half of 2020, said pension superintendent Osvaldo Macías.
