Chile’s risk regulator added three equity, three bond and a money market fund to the list of international vehicles the country's six AFPs can invest in.
The Comisión Clasificadora de Riesgo (CCR) greenlit funds from Eurizon Capital, PineBridge Investments and Union Bancaire Privée (UBP), according to its monthly report released September 30.
Swiss group UBP has said that it’s working to boost its presence in Latin America and has had 14 of its funds added to the CCR platform this year.
Meanwhile, PineBridge has five funds listed on the CCR, with two having been added this month and one in May. Before this month’s batch, Eurizon’s last approved funds, that remain on the CCR platform, were added in May 2014.
Here’s the full list of approved vehicles in September:
The CCR also dropped F&C Asset Management's UK-domiciled Extra Income Bond Fund from its list because it had less than $100 million in assets.