Colombian AFPs reduced their exposure to emerging-market-equity products while increasing their positions in specialized instruments with European exposure.
Chilean AFPs slashed overseas fixed-income positions in October
In October, high-yield and EMD funds were hit with USD 1 billion in redemptions from Chilean AFPs, which again faced withdrawals from clients.
Spike in fixed-income-fund yields leads to inflow bonanza in Brazil
The Brazilian fund industry brought in BRL 369 billion in new flows in 2021, more than double the amount reached in the previous year.
CCR Monthly Approval Report – December 2021
Vanguard led the list of registered investment products in the month with two ETFs, followed by Man GLG with one mutual fund and Cheyne Capital with one alternative product approved.
XP and Banco Modal join forces to accelerate disruption in the Brazilian financial industry
The companies share a common goal of exceeding clients’ expectations and democratizing access to high quality and low-cost financial products and services.
Fixed income back in vogue in Brazil as yields soar
In November 2021, equity funds saw outflows for the third month in row, losing BRL 6.1 billion, or more than USD 1 billion.
Citi signs sale agreement with Insigneo
Upon completion of the announced sale, Citi would be absent from the Latam offshore market, while maintaining an important presence in Miami.
US equity ETFs attracted Colombian AFP investment in September
AFPs increased exposure to US equities, adding USD 338 million in the month. In contrast, they shed positions in Japanese and emerging-market-equity funds.
Chilean AFPs re-embraced equities while dumping some fixed-income positions in September
Meanwhile, by vehicle type, ETFs received net subscriptions of USD 45 million while sales of cross-border mutual funds took in USD 355 million.
CCR Monthly Approval Report – November 2021
Pictet, Fidelity, Robeco, Neuberger Berman, Francisco Partners, StepStone Group and NREP AB were the fund sponsors gaining approval for new products.





