Archives for August 2012

Acafi: 30% of closed-end investment fund assets are from the non-institutional segment

Vehicles with better liquidity windows and activation of the secondary market have attracted interest from smaller investors.

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iShares lists new ETFs in the SIC and expects more international exposure by Afores

BlackRock has USD8,000 billion in assets under management through cross-listed iShares in the SIC. Pension funds managed by Afores are still the largest investor.

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Itaú Asset says Brazilians eyeing more foreign assets

A decline in interest rates to record lows is forcing funds to build a more diverse base of financial instruments to help lure new clients, said Paulo Corchaki, chief investment officer at Itaú Asset Management.

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Scotiabank to buy majority stake in Colombian pension fund Colfondos AFP

Scotiabank says it has reached an agreement to buy a 51% stake in Colombia's fourth-largest pension fund company.

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