In the medium term, AFPs will have to reorganize their portfolios after a series of 10% withdrawals, says ACAFI president Luis Alberto Letelier.
Chilean alternatives firm raises USD 1.1B from HNW, institutional sectors
Frontal Trust's original focus was on real estate, but in the last five years the firm developed expertise in private debt, private equity and infrastructure, said GM Carmen Vicuña.
AFPs’ cross-border real-estate and infrastructure investment will not count against equity quotas
The Pension Superintendent said cross-border real-estate and infrastructure products will be classified as fixed-income investments, which should make them more attractive for AFPs.
Alternatives managers reactivate after Central Bank ups limits
Distressed debt and turnaround private-equity are expected to benefit from the boost in quotas on alternatives.
CCR lowers bar for alternatives managers seeking approval
Alternatives managers no longer need to show a USD 5 billion allocation in a specific asset class in order to gain CCR approval to sell to AFPs.
Peruvian real-estate providers pounce on Chilean market
The situation of the real estate market in Chile could make Peruvian products attractive, especially for high-net-worth investors, said Jenny Esaine, partner of AC Capitales.
Social crisis brings uncertainty to Chilean real-estate fund segment
While exchange-traded instruments of this type suffered a drastic collapse in pricing, a proposed additional tax would severely damage future demand.
Providers of real-estate and infrastructure alternatives sense opportunity in Chile
Since real-estate and infrastructure alternatives are considered fixed income, these products compare more favorably to other long-term local bonds already in AFP portfolios, say local distributors.
Real-estate manager Asset AGF targets USD 500 million AUM via residential rental fund
This pioneer in the residential rental market, led by Felipe Swett, now finds itself in competition with other firms, such as Ameris, BTG Pactual, Credicorp Capital and Compass Group.
HMC to boost its profile in the real-estate sector
In alliance with leading real-estate companies, the firm plans the first-half launch of a novel mezzanine-type fund in Chile.