The main concern is the fiscal cost and the impact on the financial market.
Mutual funds: the goal is to strengthen distribution and make transactions easier for individuals
Germán Arce, president of Asofiduciarias, said that recent efforts to structure new funds, design financial education strategies, and create channels for promotion, dissemination and distribution of mutual funds are focusing on individuals.
Colombian AFPs shed international investments in February
Sales of international assets totaled USD 1 billion in the month, mostly affecting money-market funds.
Colombian AFPs shed risk positions in international portfolio in January
Pension funds took advantage of market rises at the beginning of the year to reduce their investments in international equity and bond funds, parking liquidity in money-market funds.
Peru, Colombia and Bolivia move to facilitate flows between public, private systems
Migration of participants from one system to another is related to the reformist winds in the region.
Colombian AFPs again reduced international exposure in portfolios in December
Pension funds offloaded international investments by USD 400 million in December, the fourth straight month outflows.
Colombia’s tax reform gets bad grades from capital-markets watchdog
Tax Reform Law 2277 makes Colombia unfriendly from a tax perspective, when compared to regional peers Peru, Chile and Mexico, said the group.
Colombia’s pension reform could begin taking shape in April
Economist and consultant Gustavo Moreno Montalvo anticipated a not-so-winding road for the presidential reform proposal.