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.
Chilean AFPs face up to USD 20 billion in redemptions
Local distributors gamed out the winners and losers if AFP affiliates are allowed to redeem 10% of their positions. ETFs and illiquid investments such as private equity could suffer most.
Politicians look to AFPs to salve economic wounds during corona virus
Government officials across the Andes are suggesting allowing workers to tap into the pension savings to help make ends meet during the pandemic.
Gold ETFs may be OK’d by AFP regulator, a boon to State Street, BlackRock, Van Eck and Invesco
Gold ETFs will likely be approved for Chilean AFP investment in the first half of 2020, said pension superintendent Osvaldo Macías.
International real estate gets boost from Chilean AFP regulator
Pension superintendent Osvaldo Macías said changes are coming to put international REITs on an equal playing field with their Chile-oriented brethren.
CCR delists commodities products in response to new alternative-investment regime
The risk-rating agency responded to new rules put in place by the Pension authority, whose superintendent. Osvaldo Macías, said: "Investment in commodities will not be allowed at this stage by any modality, or investment in hedge funds."