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(Adds comments from lawmakers in paragraphs 8-10) Chile pension funds hit by interest-rate-related positions Losses have drawn criticism from lawmakers, pensioners Congress approved key pension reform in 2025, with the rollout beginning in stages Oct 16 (Reuters) — Executives at Chile's pension funds appealed to regula
Oct 16 (Reuters) — Executives at Chile's pension funds appealed to regulators for curbs on volatile interest-rate derivatives before a downturn in US Treasuries left them with billions of dollars in losses, Bloomberg News reported on Thursday. The report said that fund managers had flagged risks of positions that have
Executives at Chilean pension funds appealed to regulators for limits on volatile interest-rate derivatives before a US Treasury downturn left the funds with billions of dollars in losses, Bloomberg News reported.