The funds will no longer need to be registered with the Foreign Securities Register since agreements between the Chilean regulator and the foreign markets will be recognized.
Pensions Superintendent looking at use of currencies by AFPs
August 7, 2013 by
It had been noticed that some foreign managers have issued special share series denominated in currencies different from the underlying asset.
Fixed-income ETFs waiting for Chile-US double taxation agreement
July 17, 2013 by
The agreement will grant a 30% exemption for these instruments from the current withholding on the capital gains.
Chilean financial institutions ready to adopt FATCA standard
July 12, 2013 by
The various industries involved and their partners are finalizing operational details for filing the information requested by the United States while waiting for the intergovernmental agreement.
Bice Inversiones aims to strengthen its offer in Asia
July 12, 2013 by
The distributor is looking for a manager specializing in Asia to complement its existing offer. Bice currently distributes funds of Goldman Sachs, Van Eck, Nordea, and TIAA-CREF.
Regulatory change extends fixed income spectrum for AFPs
July 12, 2013 by
The E fund will soon be able to invest in mutual funds and fixed income ETFs, even though up to 10% of the portfolio of these instruments relates to the restricted category.
Transfers begin to affect pension funds’ portfolio strategy
July 11, 2013 by
AFPs could be looking for more liquid instruments to deal with mass changes, such as happened in April at the suggestion of a pension consultant.
Idea of raising the pension contribution percentage gains ground
May 27, 2013 by
A state AFP is one of the proposals with most impact on presidential candidates, but would not have the support of the technical people.
Industry looks for increased liquidity for closed-end investment funds
April 10, 2013 by
The new legislation should include authorization to repurchase up to 10% of their own shares annually, Enrique Ovalle, general secretary of Acafi, says.
Sura to distribute 66 BlackRock funds to non-institutional clients
April 10, 2013 by
The partnership will strengthen its open architecture model for fund sales. The U.S. firm is also pinning its hopes on potential growth in the retail segment.
