Latin American pension systems show sharp disparities in the Mercer–CFA Institute Global Pension Index, with Chile leading, Colombia and Peru lagging, and Argentina at the bottom
ACHAI estimates that 300 advisors will be registered by the end of 2025
With new regulations, stronger investor protection, and rising demand for independent advice, the role of financial advisors in the Chilean market is likely to deepen in the coming years.
CCR Monthly Approval Report – October 2025
Xtrackers got 37 of its ETFs registered in the month, while UBS had one equity mutual fund approved.
Digital shares are reducing fees in the Chilean mutual fund market
As asset management industry embraces digital channels, investors gain from lower fees, streamlined access, and higher net returns—reshaping competition and accelerating market efficiency.
HMC Capital appoints Cristian Reynal as head of wholesale – Southern Cone
The investment firm, which manages and advises more than USD 21 billion, strengthens its distribution structure with the appointment of the executive, who will lead commercial initiatives for Argentina and Uruguay.
Brazilian pension funds to broaden global exposure as monetary easing takes hold
Despite third-quarter outflows from global products, asset managers expect a trend reversal in the coming months. Franklin Templeton’s Daniel Popovich observes “a clear move to diversify internationally” as institutions prepare to rebuild offshore positions.
New bill seeks to expand AUM and strengthen oversight on withdrawals from Chile’s SWFs
The Finance Ministry proposes a reform that could boost inflows to the Fondo de Estabilización Económica y Social and the Fondo de Reserva de Pensiones.
Insigneo expands Latam footprint with acquisition of VectorGlobal client accounts
The deal marks Insigneo’s third major transaction since 2022 and add over USD 4 billion in AUM.
Political upheaval and eighth withdrawal threaten Peru’s pension assets
Congress ousts President Boluarte amid crisis, approves new pension withdrawals, and reopens debate over a reform that has already reduced pension fund assets to just 10% of GDP.
CCR Monthly Approval Report – September 2025
DWS, Vanguard, WisdomTree, Bci, T. Rowe Price, CapVest, Inflexion PE Partners and WindRose Health Investors were the managers registering products in September 2025.











