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.
Inversiones La Construccion Ltda, a holding company owned by Chile's Construction Chamber, sold the shares for a total of $119m, according to Bloomberg calculations.
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%.