The passage of the bill, which has just been introduced in parliament, could be held up by the political turmoil typical of the period leading up to the November elections.
Sartor and Taurus set off alerts due to fund management issues
Both managers have had problems in managing their products which has been questioned by the regulator and the market.
Fund industry does not see AFP direct investment in alternatives as a threat
AFP Habitat's operation with Grupo Parque Arauco is seen as a way of strengthening the role of this asset class in pension portfolios.
AFPs and managers prepare for opening in Alternatives
The Central Bank announced that the limits of three of the five multi-funds will be raised in August.
Acafi gets four new managers with a focus on alternative assets
The Chilean Association of Mutual Fund Managers now groups 42 fund managers with assets under management of more than USD 33 billion.
Chilean alternatives industry on alert due to Boric tax proposal
Acafi expressed its concern about a proposed tax increase on dividends, which could be a major disincentive for investors.
Chilean AFPs and alternatives funds incorporate ESG into investment policies
ESG investment among 18 Chilean fund managers amounted to USD 6 billion through 44 funds, said Acafi board member María José Montero.
Alternative funds seen losing share in AFP portfolios due to affiliate withdrawals
In the medium term, AFPs will have to reorganize their portfolios after a series of 10% withdrawals, says ACAFI president Luis Alberto Letelier.
Redeemable funds in Chile have gathered USD 5.2 billion in AUM
Luis Alberto Letelier, president of the ACAFI, says redeemable funds - which increasingly invest in funds of global managers - have opened a great tax-efficient opportunity for affluent Chilean investors.
ACAFI welcomes new alternatives regulations, but still sees pending issues
ACAFI chief Luis Alberto Letelier said attractive products and the hard work of local managers - not capital repatriation - have been the major driver for growth of the closed-end fund business in Chile.










