1.   A cut in Chilean rates could attract some local pension funds back into the market.

2.   A J.P. Morgan official in Seoul, who asked not to be identified, said the venture will manage local pension funds and may manage some foreign funds.

3.   Chilean stocks fell to a six-week low as local pension funds sought to diversify their investments and sold electric utilities.

4.   Demand from local pension companies also boosted prices, said traders.

5.   In a separate announcement, the Federal Antitrust Commission approved the purchase, but said the two banks would have to merge their local pension fund units.

6.   Increased demand from local pension funds and a positive outlook for the economy has buoyed the market towards the record, said traders.

7.   Instead, they are staying in local pensions and hotels to expose their children to as much culture as possible.

8.   Investors in Peruvian debt in particular have been concerned about delays in allowing the local private pension funds to invest in the Brady bonds.

9.   Local pension funds have in the past few years been among the most aggressive investors in Brazilian stocks and state-owned companies being sold to the public.

10.   Local pension funds were instructed by Prime Minister Mahathir Mohamad last week to buy up shares.