CHILE - Gartmore has received approval from the Comision Clasificadora de Riesgo to market 13 funds within its Jersey based Capital Strategy Fund range in Chile, where changes in legislation allow pension funds to increase their investment in overseas equities.
Chile’s seven Pension Fund Administrators (AFP) have around £35bn combined assets under management.
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date