The E fund will soon be able to invest in mutual funds and fixed income ETFs, even though up to 10% of the portfolio of these instruments relates to the restricted category.
BBVA may sell Latam pension businesses
Spain's No.2 bank BBVA may sell its Latin American pension fund businesses, joining the ranks of banks looking to shed operations outside their main markets to reduce risks and meet tougher capital rules.
Transfers begin to affect pension funds’ portfolio strategy
AFPs could be looking for more liquid instruments to deal with mass changes, such as happened in April at the suggestion of a pension consultant.
Idea of raising the pension contribution percentage gains ground
A state AFP is one of the proposals with most impact on presidential candidates, but would not have the support of the technical people.
BBVA sells peruvian pension unit
The bank is selling for USD516 million its pension unit in Peru to two separate pension firms, one controlled by Colombian financial conglomerate Grupo Sura and the other by Canada's Bank of Nova Scotia.
Peruvian AFP Investments in International Mutual Funds – July 2013
Excel workbook detailing Peruvian AFP allocations to global mutual fund managers, over various time periods. Also included is a breakdown of offshore allocations by asset class, over various time periods. Data as of July 31, 2013.
Consar: flexibility is key to achieving the objective of better pensions
Sergio Rodríguez, director general of Financial Planning and Economic Studies of the regulator, says his agency is planning to extend the 20% limit on foreign securities, and that flexibility is the key to long-term thinking on the system.
Foreign banks step up presence in Chile
For this year, Goldman Sachs announces opening of offices while State Street is set to expand operations.
iShares recovers leadership among AFPs
In December iShares received investments of over USD1 billion. Axel Christensen, executive director for South America (ex Brazil) of BlackRock, pointed to the strong interest in increasing exposure in assets and regions with higher risk-return, in markets other than the USA.
Afores sector faces three challenges, Amafore says
International investment, the level of contributions and coverage are among priority topics. The regulator’s role is crucial for a real effort to deal with them and continue the evolution of the pension system in Mexico.




