Over the last few months the registration process for new foreign mutual funds has been reactivated, with record times of six weeks.
Bice Inversiones takes over distribution of Nordea in Chile
With this partnership the Norwegian bank aims to receive its first investments from the Chilean pension market.
Closed-end investment funds feel discriminated by the new rules
In the latest changes to the Pension Fund Investment System, the maximum percentage AFPs can invest in local funds was cut from 5% to 3%.
SBS to ease restrictions on plain vanilla international funds
Superintendent Schydlowsky said he was ready to simplify registration of funds representing traditional assets, but will keep a wary eye on more complex instruments.
Scotiabank to buy majority stake in Colombian pension fund Colfondos AFP
Scotiabank says it has reached an agreement to buy a 51% stake in Colombia's fourth-largest pension fund company.
Private equity managers are enthusiastic about Provida’s decision
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.
Regulations on AFP fees no longer concern managers
Congressional Committee on Labor and Social Security proposed a regulatory change so that part of the fees that AFPs charge members is based on portfolio returns.
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)
Flow Report – Chilean AFP Investments in Cross-Border Funds and ETFs – October 2013
Excel workbook detailing inflows / outflows of Chilean pension funds into international funds / ETFs. Includes names of all funds/ETFs as well as amounts invested in each. Period ending October 31, 2013




