Insurers' new ability to allocate a portion of their technical reserves in funds investing in real estate, infrastructure projects, receivables, leasing operations, factoring operations, and private equity pleased Daniel Dancourt, CEO of HMC Capital in Peru.
Peru’s AFPs can now invest up to 20% in alternatives
August 15, 2014 by
AFPs can now invest up to 15% of their type 2 moderate portfolios and 20% of their type 3 aggressive portfolios in alternatives, without weighing against the overall equity limit. The previous limit was a scant 3%, and was being fully utilized.
Peruvian regulator gets out of approvals business
March 11, 2014 by
As part of the implementation of the AFP reform, the SBS eliminated the obligation to register financial instruments considered "simple" and most frequently allocated to, which cover about 97% of pension fund investments. This includes cross-border mutual funds.
Registration of funds: a situation that managers have taken on board
March 23, 2012 by
Whether because of the procedure developed by the regulators or the AFPs themselves, it is not possible to place a fund until three months after the start of the process.
Managers confirm simplification of SBS registration process
December 27, 2012 by
Over the last few months the registration process for new foreign mutual funds has been reactivated, with record times of six weeks.
