The rating commission laid out the conditions for approval, relating to the manager’s experience, quality of the custodian, and the fund size.
Gold ETFs may be OK’d by AFP regulator, a boon to State Street, BlackRock, Van Eck and Invesco
Gold ETFs will likely be approved for Chilean AFP investment in the first half of 2020, said pension superintendent Osvaldo Macías.
Peru’s AFPs can now invest up to 20% in alternatives
AFPs can now invest up to 15% of their type 2 moderate portfolios and 20% of their type 3 aggressive portfolios in alternatives, without weighing against the overall equity limit. The previous limit was a scant 3%, and was being fully utilized.
Holdings Report – Mexican Mutual Fund Manager (OFI) Investment in Cross-Border Mutual Funds and ETFs – October 2013
Excel workbook detailing Mexican mutual fund allocations to global fund managers. Includes names of all funds as well as amounts invested in each. Also included is a breakdown of offshore allocations by asset class. Data as of October 31, 2013.
New Consar president receptive to adjustments in the investment regime but no hurry
Carlos Ramírez Fuentes, new president of the pension regulatory body, said they would continue promoting diversification and the time had come for the second generation reforms.
Afores sector faces three challenges, Amafore says
International investment, the level of contributions and coverage are among priority topics. The regulator’s role is crucial for a real effort to deal with them and continue the evolution of the pension system in Mexico.
Afore Banamex goes for two more mandates
About to fund the first mandate - which was won by BlackRock, Schroders and JP Morgan - Javier Orvañanos, investment manager at Afore Banamex, is now working on mandates for commodities and international securities.
Afore Sura Mexico ready to select fund managers in a few months
The Colombian company in Mexico starts its process to receive mandate in early 2013
iShares lists new ETFs in the SIC and expects more international exposure by Afores
BlackRock has USD8,000 billion in assets under management through cross-listed iShares in the SIC. Pension funds managed by Afores are still the largest investor.