[ad_1]
The Superintendency of Pensions (SP) reported, through a statement, that today the Chilean pension funds have a new alternative of investment in national assets of small and medium-sized enterprises (SMEs).
This will allow “increasing the diversification of workers’ pension resources and generating better conditions for the ability to accumulate savings in the long term.”
In addition, SP authorized a new investment abroad in representative gold securities.
“The measures take into account the evolution of the financial market national and international, which experience significant volatility in fixed income and variable income instruments, “said the regulator.
The changes, in which the Superintendency has been working since last year, introduce improvements to the Investment Regime of Pension Funds to expand investment alternatives, give greater flexibility to these operations, standardize criteria between investments in Chile and abroad. , and generate greater efficiencies.
“In this way, the possibilities for funds to build more diversified investment portfolios are expanded in the perspective of achieving an adequate profitability and security of the investments made, facilitating, among other aspects, the option of indirect financing for SMEs ”, detailed the SP.
The modifications to the Investment Regime of the Pension Funds were approved by the Technical Investment Council and endorsed by the Ministry of Finance.
This is in addition to the recent decision of the Central Bank of Chile to increase the limit for investment in alternative assets, on April 15.
[ad_2]
