Fynsa
In fixed income, we remain convinced of the merits of UF-indexed strategies, where inflation-linked returns continue to outperform nominal alternatives. In equities, valuations below the 10-year average and the lag in returns relative to Latin America present an opportunity to position oneself ahead of a potential de-escalation of the conflict and the passage of pro-investment reforms promoted by the current government.
The private credit market faces a more challenging landscape in 2026, characterized by greater selectivity, lower liquidity, and a more demanding financial environment. However, attractive opportunities continue to emerge in Chile in segments where traditional banks have reduced their presence, particularly in infrastructure, energy, and corporate financing. For investors with a long-term horizon, the market now offers better structures, competitive spreads, and a growing focus on credit quality.
A BCG report examines how artificial intelligence could gradually transform the asset management industry, opening up opportunities in efficiency, personalization, and distribution.
