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
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
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.
Bice Inversiones launches international fund with tax break
The Bice EE.UU mutual fund will trade on the stock exchange giving participants tax-free gains.
Mark Mobius: Mexican pensions have the potential to outperform the Chilean market opening
The emerging market guru of Franklin Templeton believes that if the regulations continue to promote diversification options, as they have done in the last year, the country has the potential to outperform the Chilean market in three years.
CCR defines indirect investment of local funds
New regulations will require changes in the internal regulations of funds and could have a significant impact on real estate funds.
Foreign banks step up presence in Chile
For this year, Goldman Sachs announces opening of offices while State Street is set to expand operations.
MFS chooses Picton as distributor to win back institutional market
The financial advisory firm Picton became the new distributor, for the Chilean and Peruvian institutional market, of the mutual funds of the asset management firm MFS, which previously had the same type of agreement with LarrainVial. With this move, Picton has added a second foreign manager to its institutional distribution area which began with the...
iShares recovers leadership among AFPs
In December iShares received investments of over USD1 billion. Axel Christensen, executive director for South America (ex Brazil) of BlackRock, pointed to the strong interest in increasing exposure in assets and regions with higher risk-return, in markets other than the USA.
Pension fund portfolios ended 2012 with innovations
In December flows to international funds and ETFs stalled, but there was significant movement of portfolios toward equity in emerging markets and Asia. Fixed income funds are losing ground.

