A total of 12 products were added in the month from ten different asset managers: Wellington, DWS, JP Morgan, Lord Abbett, PIMCO, Clearlake CP, General Atlantic, Thomas H. Lee Partner and White Oak Partners.
Stark realities ahead for AFP industry as establishment cedes ground in election
Following the results of the elections for the Constituent Convention, there seems to be a broad majority in favor of restoring full responsibility for pensions and social security to the state.
Annuities: insurers making 10% advances to pensioners, despite legal appeals
Insurers have several complaints with the process, and warn that a redemption now will reduce payouts down the road, especially for vulnerable retirees.
Could Castillo’s arrival deal a death blow to the Peruvian system?
A right-leaning Congress and resistance from the Central Bank are the industry's best hopes for survival.
CCR Monthly Approval Report – June 2021
A total of nine products were added in the month from five different asset managers: Allianz, Baillie Gifford, Legal & General, Vontobel and State Street.
Consar will soon be in charge of cross-border-fund approvals, replacing the Amafore
The Amafore’s vice-president, Alvaro Melendez, says he expects the change to occur toward the end of July or beginning of August 2021.
CCR Monthly Approval Report – May 2021
BlackRock led with 11 ETFs of its iShares family, plus two mutual funds registered in the month, Allianz (5), AllianceBernstein (2), Wellington (2), Credit Suisse (1), Franklin Templeton (1), Invesco (1), Robeco (1) and Infravia Capital Partners (1) completed the list.
Peruvian AFPs will face additional redemptions after May 19 ruling
Regardless of the outcome of the presidential election, additional withdrawals and weakening of the AFP system appear likely.
CCR Monthly Approval Report – April 2021
DWS led with 10 products registered in the month, while JP Morgan followed with eights ETFs. J Safra, Jupiter, and Invesco completed the list. Bridgepoint, Brookfield, Morgan Stanley and Trilantic joined the list with one alternative product each.
CCR Monthly Approval Report – March 2021
State Street led with eight ETFs approved, followed by Dimensional with two mutual funds, and Axa, BMO, GAM, UBS, and PAI Partners with one product each.