Chile Expands Investment Options for AFPs
Posted on 10/13/2016
Chile has a growing retirement fund industry; some US$ 176 billion worth of assets are in pensions. Chile President Michelle Bachelet signed a law on October 13, 2016 which permits AFPs, Administradoras de Fondos de Pensiones, to invest directly into real estate properties and closely-held companies for the first time. The private pension fund administrators […]
