Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.
CCR Monthly Approval Report – March 2023
A total of 17 products were added in the month from four different asset managers: WisdomTree, T. Rowe Price, Invesco, Capital Four, Equitix and Madison Realty Capital.
March could be critical for pension reform in Peru
The government’s announcement on pension reform has been clouded by new bills for a withdrawal of funds from AFPs.
Peru, Colombia and Bolivia move to facilitate flows between public, private systems
Migration of participants from one system to another is related to the reformist winds in the region.
CCR Monthly Approval Report – February 2023
A total of five products were added in the month from five different asset managers: AllianceBernstein, Credicorp Capital, HIG Capital, Q-Energy and TA Associates.
Colombia’s tax reform gets bad grades from capital-markets watchdog
Tax Reform Law 2277 makes Colombia unfriendly from a tax perspective, when compared to regional peers Peru, Chile and Mexico, said the group.
Brazilian funds investing abroad were battered in 2022, but a recovery is expected for 2023
Franklin's Daniel Popovich along with peers from JP Morgan and Santander, says managers in Brazil noticed a pickup in global fund sales in 4Q 2022 after a difficult nine months.
Pension reform to be presented at the end of October
The Government will face a tough scenario in Congress, since it lacks a majority and the opposition has established the idea that rejection of the new constitution removed the social floor from the pension reform.