Chile Plans Currency Hedging Rule Changes for Pensions

(Corrects first paragraph to specify that requirement applies to fixed-income investments.)

Chile’s pension regulator plans to set a minimum currency hedging requirement of 50 percent of pension funds’ fixed-income investments abroad.

The new limit is part of a series of proposed changes outlined in a document published on the regulator’s website today.

To contact the reporter on this story: Sebastian Boyd in Santiago at sboyd9@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net