After incorporating industry feedback, the Chilean regulator has broadened portfolio bands and tracking-error limits, giving AFPs greater flexibility in implementing generational investment strategies.
SMV opens new business opportunities for Peru’s asset managers
August 31, 2026 by
The new regulatory framework allows these firms to offer investment advisory and portfolio management services, subject to regulatory requirements.
The risk of renewed herding in Chile’s generational funds
August 25, 2026 by
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.
Peruvian pension fund members can switch to balance-based fees
August 13, 2026 by
The voluntary measure could give approximately 1.8 million members who entered the system before 2013 and did not take advantage of the original switching window the opportunity to migrate to the new fee structure.
CCR Monthly Approval Report – July 2026
August 11, 2026 by
A total of 14 products were added during the month, from eight different asset managers: Deerpath Capital, Echiquier, Eurizon, Franklin Templeton, Invesco, JP Morgan, Reverence Capital Partners. and UBAM.
New EAFs have eleven months to build their operations
July 23, 2026 by
Sergio Espinosa, SBS superintendent confirmed three institutions are preparing to enter the country's mandatory pension market, with operations scheduled to begin in June 2027.
New pension superintendent reduces lifecycle funds to ten
July 16, 2026 by
AFPs had previously warned the outgoing administration that managing 15 separate lifecycle portfolios would create significant operational challenges.
Peru moves toward a new pension portability framework
July 7, 2026 by
Beginning in September, workers will be able to transfer between Peru's private and public pension systems.
CCR Monthly Approval Report – June 2026
July 6, 2026 by
In June, Allianz, BlackRock, Bluebay, Fidelity, First Trust, GAM, I Squared Capital, Morgan Stanley and Xtrackers were the fund sponsors gaining approval for new products.
Pension reform also reshapes rules on indirect investment fees
July 2, 2026 by
Some of the new restrictions on management fees have been in force since April, while others will take effect alongside the rollout of Chile's new lifecycle funds.
