While exchange-traded instruments of this type suffered a drastic collapse in pricing, a proposed additional tax would severely damage future demand.
Chilean AFPs redeemed USD 2 billion from cross-border funds in July
The AFPs finished the month with USD 82.3 billion invested in cross-border funds and ETFs, 69% of which was in equities.
Chilean AFPs add to equity funds, pull back from fixed income in October
The AFPs finished October with USD 82 billion invested in cross-border funds and ETFs, 70% of which was in equities.
CCR Monthly Approval Report – October 2019
Allianz, Berenberg Aktien, DoubleLine, iShares, Kotak and Zurich were the fund sponsors gaining approval for new products in the month of October.
Court case in Chile could allow AFP affiliates to take early withdrawals from pension accounts
The courts will soon rule on a test case that may allow Chilean AFP affiliates to withdraw their savings before retirement.
Gold ETFs may be OK’d by AFP regulator, a boon to State Street, BlackRock, Van Eck and Invesco
Gold ETFs will likely be approved for Chilean AFP investment in the first half of 2020, said pension superintendent Osvaldo Macías.
Excel Capital plans to launch four funds in the next six months
Although distribution of foreign firms is their core business, they are also strengthening their AGF.
Chilean AFPs return to Asian, Latin American equity funds in September
Chilean AFPs finished September with USD 78.9 billion invested in cross-border funds and ETFs, 69% of which was in equities.
CCR Monthly Approval Report – August 2019
A total of 13 products were added in the month from ninedifferent asset managers: Fisch AM, Lord Abbet, Aktia, Pictet, PIMCO, Robeco, JP Morgan, Lindsay Goldberg and Manulife.
Providers of real-estate and infrastructure alternatives sense opportunity in Chile
Since real-estate and infrastructure alternatives are considered fixed income, these products compare more favorably to other long-term local bonds already in AFP portfolios, say local distributors.


