Chile Pension Fund Assets Gain 11% in June to $153 Billion

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Chilean pension funds had a total $153 billion in assets under management as of June 30, 2011, an 11 percent increase from a year ago, Chilean pension fund regulator Superintendencia de Pensiones said in a statement posted on its website.

The pension funds, known locally as AFPs, had $66.1 billion invested outside the country, a 6.7 percent advance from a year earlier, and $22.8 billion in local shares, 13 percent more than in June 2010, the regulator said.