Chile Questions Swaps Trade That Stoked Pension Fund Returns

emerging-markets,retail-trading,well-spent,personal-finance,government,regulation,superannuation,fixed-income,interest-rates,policy,monetary-policy

Carolina Gonzalez

GONZALEZ

Sebastian Boyd

Total outstanding notional amount of swaps reaches all-time high

AFP Positions on Foreign Interest Rates Skyrocket

Pension managers' E funds are up 7.4% through October of this year 

Most Conservative Fund's Returns at Highest Since 2019

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Chile’s pension funds have become hooked on interest-rate derivatives to juice returns. That makes a proposal by regulators to restrict the use of derivatives a serious headache for the industry

AFP Positions on Foreign Interest Rates Skyrocket | Total outstanding notional amount of swaps reaches all-time high

Most Conservative Fund's Returns at Highest Since 2019 | Pension managers' E funds are up 7.4% through October of this year

Skyline of Santiago, Chile.

Chile’s pension funds have become hooked on interest-rate derivatives to juice returns, with their notional positions ballooning to more than $500 billion, a 100-fold increase from just three years ago.

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