MNI BRIEF: Trump Likely To Let Powell Serve Full Term-Moore

MNI BRIEF: Canada Household Debt Tops $3 Trillion In 3Q

MNI BRIEF: Trump Likely To Allow Powell To Serve Term - Moore

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI BRIEF: China To Keep Stabilising Housing Market - CEWC

MNI BRIEF: China Focus On Boosting Consumption In 2025

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

MNI: US JOBLESS CLAIMS +17K TO 242K IN DEC 07 WK

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

FyF Decreases Probability Of Changing Recommendation

CHILE
  • In Chile, the pension adviser Felices y Forrados altered its traffic light signal from red to amber last night. The new signal attaches just a medium probability of a change in advice regarding asset allocation.
  • The advisor's recommendations have prompted large bouts of local market volatility over the past year.
  • Before the Central Bank's announcement on increasing USD reserves, the probability of a change in advice had been high.
  • Regarding the frequent fund changes, of which there were 22 last year, Central Bank President Mario Marcel described it as an important issue and said, "It is difficult to know the benefit that this brings to the country."
  • In December Officials suggested to Congress that transfers be limited between savers' pension funds to two per year unless the moves are made between adjacent risk categories.
  • The government sent a bill to Congress this week which would increase regulation on advisors like FyF, diminishing the potential for volatile local market flows.
  • It is widely understood these local research companies have allies, making its approval uncertain but a potential driver to watch.
BulletEM BulletEmerging Market News
BulletEM BulletEmerging Market News

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.