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.
Fixed-income funds creep back into vogue in Brazil as stocks falter
Though October, local bond funds account for half of industry’s USD 50 billion in positive inflows.
Colombian AFPs stocked up on US Equity and EMD in August
Colombian AFPs channeled USD 150 million in new investments into specialized US equity products - mostly passive - in the month of August.
Chilean AFP positions in international funds and ETFs continued to fall in August
AFPs had to shed positions in international funds and ETFs for a total of USD 1.1 billion in the month, shrinking exposure in these instruments to USD 86 billion at the end of August 2021.
CCR Monthly Approval Report – October 2021
A total of 21 products were added in the month from 10 different asset managers: Schroder, Invesco, JP Morgan, Moneda, BNP Paribas, Goldman Sachs, Janus Henderson, UBAM, Vanguard and KKR.
M&G and Picton sign distribution agreement for Chile and Peru
"Picton continues to expand its footprint in Latin America through a partnership with a world-class active asset management firm," said founding partner Matias Eguiguren.








