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
April 19, 2024 by
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
June 27, 2023 by
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
August 17, 2022 by
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
June 30, 2022 by
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
March 1, 2022 by
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
July 29, 2018 by
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
January 4, 2018 by
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.
Private-equity funds in Chile added USD 2 billion in AUMs in 12 months
June 29, 2016 by
Local domiciled private-equity funds are enjoying strong growth just as the regulator is proposing increased limits on AFP investments in alternatives.
AFPs may gain authorization to invest directly in infrastructure projects
May 18, 2016 by
The proposal would authorize direct investment by AFPs and insurers in infrastructure projects, and no longer require the managers to allocate to local closed-end investment funds.
