New regulations will require changes in the internal regulations of funds and could have a significant impact on real estate funds.
Chilean Managers eye Luxembourg
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.
Ecus Capital captures European investors for USD30 million fund
The manager is confident that the Single Fund Bill (Ley Única de Fondos), currently in on its way through Congress, will allow foreigners to benefit from a less costly tax system.
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%.
Acafi: 30% of closed-end investment fund assets are from the non-institutional segment
Vehicles with better liquidity windows and activation of the secondary market have attracted interest from smaller investors.
Chilean managers eye Luxembourg
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.