Top1000Funds.com: PRI edition
Top1000Funds.com: PRI edition
Top1000Funds.com: PRI edition
As the Chilean government tries to settle on a new pension system to replace the one set up by dictator, Augusto Pinochet, AFP Habitat remains set on its own daring path.
The finance industry has relied on its low barriers to entry, high fees and complex language that has created enduring principal/agent problems that restrict transparency and accountability.
AP3 looks to diversify its equity risk through an increase in alternatives. This story explores the evolution of the allocations and how it’s tackling illiquidity and volatility.
The implications for investors of the inclusion of China A-shares in the wider MSCI indexes, an inevitable outcome, will be discussed at the Fiduciary Investors Symposium at Yale in October.
Created two years ago when two of Finland’s largest pension funds merged, the country’s “new kid on the block,” Elo, is building its in-house capabilities.