Transfer of assets to a state-run agency means private managers owned by Zurich and BBVA have closed shop.
Election of constitutional delegates in Chile seems to secure current AFP pension model
The strong presence of right-wing and center-right forces looks set to wreck the left-wing initiatives for a drastic overhaul of the individually funded system.
CCR Monthly Approval Report – April 2023
American Century led with three ETFs registered in the month, while Robeco, with one mutual fund, completed the list.
Peru discussing a seventh withdrawal of AFP savings
Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.
CCR Monthly Approval Report – March 2023
A total of 17 products were added in the month from four different asset managers: WisdomTree, T. Rowe Price, Invesco, Capital Four, Equitix and Madison Realty Capital.
March could be critical for pension reform in Peru
The government’s announcement on pension reform has been clouded by new bills for a withdrawal of funds from AFPs.
Amundi is closely watching changes in pension systems in Latam
Amundi's Gustavo Lozano said pensions have reached a certain stabilization, "although we will still have to be wary with respect to...the socio-political situation."
Peru, Colombia and Bolivia move to facilitate flows between public, private systems
Migration of participants from one system to another is related to the reformist winds in the region.