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
August 29, 2012 by
Vehicles with better liquidity windows and activation of the secondary market have attracted interest from smaller investors.
Chilean managers eye Luxembourg
January 3, 2013 by
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.