The pension regulator is concerned about the portfolio rebalancing needed to align investments with age-based risk profiles, while the pension fund industry is questioning the limited discretion managers will have in setting fund strategies and making investment decisions.
Multifund E selloff reignites debate over pension withdrawals
October 19, 2026 by
Public criticism of the performance of Chile’s AFPs is galvanizing lawmakers opposed to the country’s private pension system.
Greater affiliate mobility creates new challenges for Peru’s pension fund managers
October 14, 2026 by
Pension reform is driving changes in distribution, operations, and portfolio management.
Colombia repeals AFP intl investment cap as reform timeline shifts
October 8, 2026 by
The new government has removed the 30% cap on international investments by AFPs that was introduced under President Petro, following the issuance of Decree 1490 of October 6, 2026. At the same time, calls to delay implementation of the pension reform by one year are gaining traction.
CCR Monthly Approval Report – September 2026
October 7, 2026 by
American Industrial Partners, Ardian, Artemis GAM, iShares, Oaktree, LBP AM and State Street were the managers registering products in September 2026.
MK4 could pave the way for new fund management models in Chile
September 28, 2026 by
One of the proposal’s key features is the creation of a new legal category for portfolio managers, which would allow fund administration to be separated from fund management.
Colombia’s pension reform enters a more constructive phase
September 15, 2026 by
The Constitutional Court upholds most of the reform, while the new administration moves to repeal the 30% cap on international pension fund investments.
SP eases investment constraints under final target-date funds framework
September 8, 2026 by
After incorporating industry feedback, the Chilean regulator has broadened portfolio bands and tracking-error limits, giving AFPs greater flexibility in implementing target-date investment strategies.
CCR Monthly Approval Report – August 2026
September 7, 2026 by
Amundi, Alpine Investors, Artemis, Columbia, Federated Hermes, Eurizon, Invesco, Kline Hill Partners, J.F. Lehman & Co., LarrainVial, Robeco, VanEck were the fund sponsors gaining approval for new products in August.
SMV opens new business opportunities for Peru’s asset managers
August 31, 2026 by
The new regulatory framework allows these firms to offer investment advisory and portfolio management services, subject to regulatory requirements.
