The regulatory update had been long awaited by several asset managers, who can now compete on a more level playing field for a market valued at approximately USD 50 billion.
CCR Monthly Approval Report – November 2024
A total of 10 products were added in the month from the following asset managers: Franklin Templeton, Mirae, Antares Capital, Bain Capital, Intermediate CP, K1 Investment Management and Oakley Capital.
Regulators focus on the special features of alternative assets
Solange Berstein and Osvaldo Macías favored adapting the offering to the liquidity of the underlying asset and preparing managers' teams to work with this asset class.
CCR Monthly Approval Report – October 2024
A total of five products were added in the month from four different asset managers: iShares, T. Rowe Price, Comvest Partners and NB Alternatives.
Consar updates Afore investment regime
Afores will be able to invest up to 30% in alternative products. Greater investment in national projects such as energy and infrastructure will be encouraged.
Generational funds could favor alternative assets
The government's proposal on generational funds has gained some consensus in the market and closely aligns with ideas presented by the AFP Association. It also has the potential to unlock greater long-term investment opportunities for pension managers.
AFPs emerge strengthened after enactment of pension reform
Despite the entry of new players, several measures are being considered to increase contributions to the individual accounts of their participants.
CCR Monthly Approval Report – September 2024
Polar Capital, DigitalBridge and Thomas H. Lee Partners were the managers registering products in September 2024.
Insurance companies and municipal savings banks gear up for the pension business in Peru
The pension reform to be enacted by the Executive allows new players to enter the sector in a bid to promote competition and reduce fees.
CCR Monthly Approval Report – August 2024
Janus Henderson, Fidelity, Lazard, Muzinich, HarbourVest, Kohlberg & Co, Nautic and PSG Equity were the fund sponsors gaining approval for new products in August.