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Investment funds in Chile grew 22% in 12 months, surpassing US$35 billion

RIO DE JANEIRO, BRAZIL - The assets managed by the Chilean mutual fund industry reflect the impact of the rising dollar in the third quarter at the local level.

The vehicles reached a total of US$35.173 billion in assets under management as of September 2021, according to data delivered on Monday by the Chilean Association of Investment Fund Administrators (Acafi).

Read also: Check out our coverage on Chile

Meanwhile, growth in pesos was 2.5%. This figure implies a drop of 3% in dollars with respect . . .

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