Only nine of the 175 funds available use share classes for varying investor types, tax treatments, etc,, admits Fernando Osorio of the Peruvian Association of Fund Managers.
CCR Monthly Approval Report – July 2020
A total of 16 products were added in the month from eight different asset managers: Fideliy, Invesco, Janus Henderson, T. Rowe Price , ComStage, Apollo, Portfolio Advisors and Tishman Speyer.
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.
BlackRock, others, eye listing of gold ETFs in Chile
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.








