The state entity says 33% private participation in financing was achieved in 2012, and expects this figure to reach 60% by 2020.
Chilean Managers eye Luxembourg
January 3, 2013 by
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.
Bice Inversiones takes over distribution of Nordea in Chile
December 13, 2012 by
With this partnership the Norwegian bank aims to receive its first investments from the Chilean pension market.
Ecus Capital captures European investors for USD30 million fund
November 30, 2012 by
The manager is confident that the Single Fund Bill (Ley Única de Fondos), currently in on its way through Congress, will allow foreigners to benefit from a less costly tax system.
Closed-end investment funds feel discriminated by the new rules
November 12, 2012 by
In the latest changes to the Pension Fund Investment System, the maximum percentage AFPs can invest in local funds was cut from 5% to 3%.
Acafi: 30% of closed-end investment fund assets are from the non-institutional segment
August 29, 2012 by
Vehicles with better liquidity windows and activation of the secondary market have attracted interest from smaller investors.
Market approves relaxation of public offerings
July 17, 2012 by
SVS issues new regulations to permit offerings of restricted securities to groups of up to 250 investors under certain conditions.
Chilean wealth management clients optimistic
July 3, 2012 by
A survey reveals that in the global crisis, Chileans are relying more on local investment instruments. Most investors are guided by newspapers and magazines when taking decisions, against 39% who use financial advisors.
Private equity managers are enthusiastic about Provida’s decision
June 25, 2012 by
The largest Chilean AFP has set up an Alternative Investment Department which may reflect a long-term view that opens the door to less liquid instruments.
Picton Advisors takes on Morgan Stanley distribution in Chile
May 31, 2012 by
The distributor is also preparing a global private equity closed-end investment fund with Warburg Pincus.
