The risk of renewed herding in Chile’s target-date funds

AFPs are calling for wider deviation bands and greater flexibility in the selection of benchmarks to ensure that performance incentives do not ultimately push managers toward overly similar investment strategies.

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BNP Paribas IP launches local lifecycle funds in Mexico

BNP Paribas Investment Partners maintains its high expectations for the Mexican market over the long term and in January launched its family of Ciclos de Vida funds targeted at institutional clients.

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