The new government has removed the 30% cap on international investments by AFPs that was introduced under President Petro, following the issuance of Decree 1490 of October 6, 2026. At the same time, calls to delay implementation of the pension reform by one year are gaining traction.
CCR Monthly Approval Report – September 2026
October 7, 2026 by
American Industrial Partners, Ardian, Artemis GAM, iShares, Oaktree, LBP AM and State Street were the managers registering products in September 2026.
MK4 could pave the way for new fund management models in Chile
September 28, 2026 by
One of the proposal’s key features is the creation of a new legal category for portfolio managers, which would allow fund administration to be separated from fund management.
Colombia’s pension reform enters a more constructive phase
September 15, 2026 by
The Constitutional Court upholds most of the reform, while the new administration moves to repeal the 30% cap on international pension fund investments.
SP eases investment constraints under final generational-funds framework
September 8, 2026 by
After incorporating industry feedback, the Chilean regulator has broadened portfolio bands and tracking-error limits, giving AFPs greater flexibility in implementing generational investment strategies.
CCR Monthly Approval Report – August 2026
September 7, 2026 by
Amundi, Alpine Investors, Artemis, Columbia, Federated Hermes, Eurizon, Invesco, Kline Hill Partners, J.F. Lehman & Co., LarrainVial, Robeco, VanEck were the fund sponsors gaining approval for new products in August.
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.
