Approval of gold representative securities comes as global investors focus on gold due to increased market volatility, said BlackRock's Francisco Rosemberg.
Managers project 20% fall in allocations from Peruvian AFPs
A law allowing withdrawal of 25% of pension savings is having a serious impact on AFP portfolios.
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.
Chilean lower chamber greenlights withdrawal of 10% of retirement savings
Unexpectedly, the bill gained the support of right-wing parliamentarians, threatening the stability of the individually funded system.
CCR Monthly Approval Report – June 2020
A total of eight products were added in the month from seven different asset managers: Lyxor, Invesco, Charterhouse CP, GTCR , MV CP, Nordic Capital and Pantheon.
Idea of pension fund withdrawals gains ground in Chilean political and judicial arena
Though the Supreme Court can still weigh in , an appeals court ruling ordering AFP Cuprum to hand over to an affiliate all of her retirement savings has rattled the industry.
CCR Monthly Approval Report – May 2020
Standard Aberdeen led with five mutual funds registered in the month, while BlueBay (4), KraneShares( 2), Macquaire (1), Marathon (1), Partners Group (1), Rhone (1) and The Jordan Company(1) won approval for their products.
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.
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 Monthly Approval Report – April 2020
Swisscanto led with five mutual funds registered in the month, while Xtrackers followed with ETFs. Berenberg, Credit Suisse, Man, Muzinich, PGIM, PineBridge, Robeco, and State Street joined the list along with two alternative products.
The regulator also gave the green light to two alternative products from Antares and Thomas Bravo.