The strong presence of right-wing and center-right forces looks set to wreck the left-wing initiatives for a drastic overhaul of the individually funded system.
Election of constitutional delegates in Chile seems to secure current AFP pension model
Peru discussing a seventh withdrawal of AFP savings
Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.
Insigneo reaches USD 20 billion AUM in Latin America
"Our aim is to be the best financial-services, wealth-management and private banking platform in Latin America," Insigneo's Rodolfo Castilla said.
Aitor Jauregui named head of BlackRock’s Latam operations
The executive will also head the offshore Latin American high-net-worth-client business, which is concentrated in Miami.
March could be critical for pension reform in Peru
The government’s announcement on pension reform has been clouded by new bills for a withdrawal of funds from AFPs.
Colchester’s first offering to AFPs is a sovereign debt fund
"Colchester’s focus on Chile is part of a broader medium-term strategy for Latin America," says the firm's Analia Giachino.
DVA Capital launches its seventh fund and its third thematic
DVA's Francisco Verdugo said the firm's funds add value for different types of investors. "We are fortunate to have a healthy diversification of investors."
Amundi is closely watching changes in pension systems in Latam
Amundi's Gustavo Lozano said pensions have reached a certain stabilization, "although we will still have to be wary with respect to...the socio-political situation."