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 closed-end funds given OK to issue bonds
Until now only private-equity funds have been allowed to issue bonds. Leveraging is also a new possibility for closed-end vehicles.
Colombian fund industry seeks to raise profile as investor demand heats up
Efforts to align funds according to investment strategy, educate the public and provide better outreach are underway has AUMs climbed more than 20% in 2017, says Marcela Arias of Asofiduciarias.
New real-estate fund regs permit hiring of third-party managers
Marcela Arias of the Colombian mutual fund association, Asofiduciarias, is optimistic about a boom in REIT activity beginning as early as the second half of 2018.