Solange Berstein and Osvaldo Macías favored adapting the offering to the liquidity of the underlying asset and preparing managers' teams to work with this asset class.
CMF launches platform to compare mutual fund fees sparking debate
The platform provides detailed cost information categorized by AGF, client type, and share classes, using a traffic light system to rate fees.
Chilean fund industry satisfied with boosted regulation on investment advisors
The objective, according to Mónica Cavallini, is for advice to be given with greater transparency and in accordance with financial-market standards.
Boric names crosscutting figure to head the CMF
Solange Berstein's appointment as head of the Financial Market Commission was bolstered by her experience working with Mario Marcel at the Central Bank.
Not dead yet: Chilean Congress still pushing for fifth pension withdrawal
Seven withdrawal bills will begin to be processed in the next few days, some for 10% and others for 100%. The executive is urging patience.
BlackRock led offshore product registration in Chile in 2021
"iShares ETFs give Chilean investors the means to build their portfolios in an effective and simple way," said BlackRock's Andrés De Goyeneche.
Annuities: insurers making 10% advances to pensioners, despite legal appeals
Insurers have several complaints with the process, and warn that a redemption now will reduce payouts down the road, especially for vulnerable retirees.
Chilean law snuffs out market timer seen as nuisance by industry
A bill requiring that pension advisories register with regulators and hold an insurance policy led to the closure of local pariah Felices y Forrados.
New manager Fintual targets millennial Chileans with online-only offering
Tech-savvy fund manager Fintual has built a proprietary platform catering to 16,000 clients. It aims to hit USD 200 million in AUM by year end, says portfolio manager Stella Melaragno.
Chilean retirement regime needs more creativity and flexibility, says mutual fund trade group
"We believe in giving priority to providing greater flexibility and incentives to generate more savings, AAFM general manager Mónica Cavallini told Fund Pro Latin America.