Pension funds turned to equity products specializing in the health, consumer and tech sectors, which received subscriptions for USD 115 million.
In May, AFPs cut back their international allocations
The largest redemptions were in the high-yield bond segment, totaling USD 309 million, followed by funds specializing in European equities with USD 161 million.
CCR Monthly Approval Report – June 2022
A total of nine products were added in the month from five different asset managers: Fidelity, DWS, Fullerton, Liontrust, PineBridge and Exeter Property Group.
Colombian AFPs increased positions in international equities in June
AFPs allocated USD 126 million to international equity and USD 40 million to cross-border fixed-income, while redeeming USD 343 million from money-market products.
Chilean AFPs sold off cross-border-fund and ETF positions totalling USD 1.3 billion in June
Products specializing in the European market continued to receive the largest redemptions, totaling USD 537 million in the month.
CCR Monthly Approval Report – July 2022
A total of 34 products were added in the month from eight different asset managers: Eaton Vance, GAM, Greystar, Invesco, Jupiter, Manulife, PIMCO and UBS.
Brazilian mutual fund flows barely positive for first six months of 2022
Brazil’s mutual fund industry struggled to post positive flows in the first half of 2022, raising only BRL 8 billion, a far cry from the BRL 272.5 billion raised in 2021.
While easing positions short term, Brazilian pensions maintain focus on global markets
Early global positions of Brazilian pension manager Postalis were taken with Templeton and BTG Pactual, said investment director Pedro Pedrosa.
Brazilian mutual funds face outflows of BRL 64 billlion in May
Amid rising interest rates, fixed-income funds keep luring investors and have received BRL 98 billion in net funding so far this year.
Franklin Templeton to acquire Alcentra from BNY Mellon
Franklin's alternative credit specialist, Benefit Street Partners, will expand its capabilities and presence in Europe, doubling its assets under management to USD 77 billion globally.








