CHILE - Chilean pension funds reached $153bn in assets in June, up 11% from the previous year, according to data released by the pension regulator.
CHILE/CANADA - The Ontario Teachers' Pension Plan plans to bid to increase its stakes in two Chilean water utilities.
CHILE - Chilean pension funds reported $145bn in assets at the end of February, though most took a hit for the month because of low equity returns.
CHILE - Chile's $4bn Pension Reserve Fund has received the okay to make maiden investments in global equities and global corporate bonds, as well as in four new currencies, the Ministry of Finance said.
CHILE - The Central Bank of Chile has raised the amount of assets pension funds can invest internationally to 80% from 60%.
CHILE - Chilean pension funds are boosting holdings of foreign bonds to record levels after a dearth of local corporate sales pushed yields to a two-year low.
CHILE - The controlling shareholder of AFP Habitat SA sold 140 million shares, or a 14% stake, in the pension fund manager at 435 pesos each, according to data posted by the Santiago exchange.
CHILE - The controlling shareholder of Administradora de Fondos de Pensiones Habitat SA will sell 14% of the pension fund manager in an auction on Chile's main securities exchange.
UK,CHILE - The UK should look at the Chilean retirement system's multi-fund structure as it develops the default fund set-up for NEST, Organisation for Economic Co-Operation and Development principal economist Pablo Antolin-Nicolas has said.
CHILE - Volatile markets impacted the profitability of four out the five second pillar pension funds, which posted negative results for the month of May, data from regulator Superintendencia de Pensiones revealed.
CHILE - Chilean pension funds grew 30.8% to US$119.1bn in the 12 months up to March 2010 on the back of gains in non domestic equities investments, regulator Superintendencia de Pensiones revealed.
Chile's regulator has made it easier for the country to invest its US$114bn in pension assets outside its home country. Rodrigo Amaral reports
CHILE - Chile's Pension Reserve Fund (PRF) and the Economic and Social Stabilization Fund (ESSF) have returned on average 6.9% since their creation in 2006 to December 2009, ministry of finance Andrés Velasco revealed.
GLOBAL - Global pension assets totalled US$29.5trn at year end 2009, up 14% from the previous year, according to a report by the International Financial Services London.
CHILE - Chile's private pension funds, the country's biggest stock investors, probably will continue selling local equities after a region-beating rally took their holdings to maximum-allowed levels, Banco Santander SA wrote.
CHILE - Chilean pension regulator Superintendencia de Pensiones has limited schemes' currency hedging to 50% of the value of their exposure to foreign assets.
Chile - The country's second pillar pension system, AFPs, posted positive results of up to 4.77% for the month of December driven by the funds' equity exposure, regulator Superintendencia de Pensiones has revealed.
CHILE - Chilean pension funds were up 15% for the year ended September 30, with assets reaching US$106.5bn, according to data released by the Superintendencia de Pensiones, the national pension watchdog.
CHILE - Assets in Chilean pension funds grew in the month of July to US$102bn, but remain at a lower level than one year earlier, according to data from Superintendencia de Pensiones, the national pension watchdog.
CHILE - Chilean pension funds posted an overall positive result during the month of March, reaching a total value of US$82.2bn, data by the national watchdog revealed.
CHILE - The value of foreign investments of Chilean pension schemes posted in December 2008 a year-on-year decline of 37.9%, mainly due to asset values drops, Chilean pension watchdog Superintendencia de Pensiones has found.
CHILE - Chile's employer-sponsored pension scheme Ahorro Previsional Voluntario Colectivo (APVC) has opened today, the Labour and Social Security Ministry has announced.
CHILE - Pension funds have posted losses of US$7.4bn year-on-year, following the fall in their equitiy investments during last month, Chile's Superintendencia de Pensiones has announced.
CHILE - Chile's Pension Reform Bill, written into law this week, has been hailed as the most important change to its pension system since its creation in 1980.