Despite the pessimistic pronouncements of undersecretary of social security, Christian Larraín, AFPs may not be left out of the new pension model after all.
Pension reform: AFPs may be excluded from receiving future worker contributions
Undersecretary of Social Security, Christian Larraín, said the pension reform would likely limit the role of these managers, but hopes remain.
CCR Monthly Approval Report – June 2022
A total of nine products were added in the month from five different asset managers: Fidelity, DWS, Fullerton, Liontrust, PineBridge and Exeter Property Group.
CCR Monthly Approval Report – July 2022
A total of 34 products were added in the month from eight different asset managers: Eaton Vance, GAM, Greystar, Invesco, Jupiter, Manulife, PIMCO and UBS.
Consar chief: Afores have plenty of space to invest internationally without modifying law
In a discussion covering Afores’ international investments, Ivan Pliego revealed AUMs captured by active cross-border funds vs. global ETFs.
CCR suspends some Allianz funds in Chile on heels of SEC charges
Market actors said they did not see fraud charges in the US impacting the firm's success in Chile.
Chilean AFPs and alternatives funds incorporate ESG into investment policies
ESG investment among 18 Chilean fund managers amounted to USD 6 billion through 44 funds, said Acafi board member María José Montero.
Chilean fund industry satisfied with boosted regulation on investment advisors
The objective, according to Mónica Cavallini, is for advice to be given with greater transparency and in accordance with financial-market standards.
Peruvian AFPs given roadmap to scale back alternatives exposure
With the AFPs overexposed to these illiquid vehicles, the SBS issued guidance on how reduce positions while limiting the impact on returns and the market.
Fifth withdrawal fails, clearing path for deeper pension reforms
Separately, the government presented a constitutional reform to protect individuals' accumulated pension assets against expropriation.