Chilean regulator sets comment period for rules banning hedge funds from AFP portfolios

Amid concern from foreign distributors and managers, the Pensions Superintendency published a draft resolution on January 8 aimed at clarifying what types of hedge funds can be purchased by Chilean AFPs.

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Chilean AFPs and distributors await regulator pronouncement on alternatives

Authorities are considering an update to AFP investment rules similar to those adopted in Peru and Chile, which have greatly promoted the use of alternatives, especially private equity funds.

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