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
The distributor is also preparing a global private equity closed-end investment fund with Warburg Pincus.
Chilean pension managers added USD 460 million to their international portfolio in October
Cross-border investments regained space among Chilean Pension Fund portfolios in the last month, after affiliates returned to the more aggressive Multifunds (A and B)
Latin American Pension Fund Investments in International Securities – June 2013
Chart comparing levels of pension fund system investments in international mutual funds and other international securities. Data from Argentina, Chile, Colombia, Mexico and Peru. Data broken out by instrument. Year-end totals from December 2008 through 2012, previous month results and as of June 30, 2013.
Corfo sees ending support for private equity by 2030
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
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.



