The fund industry reported record net inflows in December BRL 17 billion (USD 6 billion) with BRL 10 billion flowing into retirement funds (a record haul for any month), BRL 6.2 billion into fixed-income funds and BRL 2.6 billion into private-equity funds.
Archives for January 2017
Northern Trust strengthens South Florida wealth management team
January 25, 2017 by
Northern Trust has promoted Rick Fernandez to managing director of one of its Miami wealth advisory teams, and has hired Xavier Martinez as senior portfolio manager within that team.
Latin American Pension Fund Investments in Cross-Border Securities – November 2016
January 25, 2017 by
Chart comparing levels of pension fund system investments in international mutual funds and other international securities. Data from Chile, Colombia, Mexico and Peru. Data broken out by instrument, Year-end totals from December 2011 through 2015, and as of November 30, 2016.
Peruvian AFP Pension Fund Industry Statistics – December 2016
January 25, 2017 by
Excel workbook detailing, over various time periods, asset totals and affiliate trends among Peruvian AFP pension funds. Data as of December 31, 2016.
Companies mentioned in this report: Habitat; Integra; Prima; Profuturo.
Chilean AFP Pension Fund Industry Statistics – December 2016
January 25, 2017 by
Excel workbook detailing, over various time periods, asset totals and affiliate trends among Chilean AFP pension funds. Data as of December 31, 2016.
Companies mentioned in this report: Capital, Cuprum, Habitat, Modelo, Planvital, Provida.
Afore Sura CEO commits to funding first mandate in Q1
January 25, 2017 by
Pablo Sprenger told Fund Pro Latin America he is confident about the growth of the Mexican businesses, especially mutual funds and the Afore, which is ready to fund its first mandate in the first quarter of 2017, after many delays.
Santander AM turns page in wake of Unicredit/Pioneer non-deal
January 25, 2017 by
After the failed merger operation with Pioneer Investments, the Chilean unit of Santander Asset Management is now working on reinforcing its investment team, starting with the entry of Héctor Godoy as head of equity.
Mexican Pension Fund Industry Statistics – December 2016
January 24, 2017 by
Excel workbook detailing, over various time periods, asset totals, inflows and affiliate trends among Mexican Afores. Data as of December 31, 2016.
Companies mentioned in this report: XX Banorte; Banamex; Sura; Profuturo GNP; Principal; Invercap; PensionISSSTE; Inbursa; Coppel; Metlife; Azteca; Afirme Bajío.
New CEO named at AFP Colfondos
January 24, 2017 by
Alain Foucrier Viana was named head of the Colombian pension fund Colfondos, replacing Alcides Vargas Manotas.
Chilean AFPs pull money from global equities, ending three-month streak
January 24, 2017 by
Allocations into high-yield and money market offset the equity pullout. Total AUMs invested in cross-border funds and ETFs came to USD 58 billion, down from USD 62 billion a year earlier.
