A few months before presidential and parliamentary elections, a reform initiative proposes that AFPs pay 10% to 15% of management fees, which would directly impact these managers’ profits, Fund Pro Latin America has learned.
AFPs put hold on new investment in private-equity funds
January 12, 2017 by
With President Bachelet's vow to "modify the various forms of hidden fees...which take resources from participants’ accounts with no real justification," the AFPs now fear they may eventually have to pay third-party-fund management fees.
