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
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
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
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
"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
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
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
Separately, the government presented a constitutional reform to protect individuals' accumulated pension assets against expropriation.
Boric names crosscutting figure to head the CMF
Solange Berstein's appointment as head of the Financial Market Commission was bolstered by her experience working with Mario Marcel at the Central Bank.
Pension reform in Colombia: definition time gets closer
The results of this first round of elections (Gustavo Petro 40% and Rodolfo Hernández 28%) guarantee a lively discussion on pension reform before the runoff election on June 19.