BlackRock sees AFPs increasing their use of fixed-income ETFs

Fixed-income ETF trading volume spiked by a factor of four or five during the onset of the pandemic, said Benjamín Souza, director and fixed income strategist for Latin America at BlackRock.

This content is reserved for our licensees.

Log In Register

Cross-border fixed-income funds being scooped up by Colombian AFPs

Over USD 900 million was invested in the asset class during the first half of 2020, with Colfondos and Protección leading the way.

This content is reserved for our licensees.

Log In Register

Costs impede broad roll out of share-classes among Peruvian funds

Only nine of the 175 funds available use share classes for varying investor types, tax treatments, etc,, admits Fernando Osorio of the Peruvian Association of Fund Managers.

This content is reserved for our licensees.

Log In Register

New manager Fintual targets millennial Chileans with online-only offering

Tech-savvy fund manager Fintual has built a proprietary platform catering to 16,000 clients. It aims to hit USD 200 million in AUM by year end, says portfolio manager Stella Melaragno.

This content is reserved for our licensees.

Log In Register

Chilean AFPs face up to USD 20 billion in redemptions

Local distributors gamed out the winners and losers if AFP affiliates are allowed to redeem 10% of their positions. ETFs and illiquid investments such as private equity could suffer most.

This content is reserved for our licensees.

Log In Register

BlackRock, others, eye listing of gold ETFs in Chile

Approval of gold representative securities comes as global investors focus on gold due to increased market volatility, said BlackRock's Francisco Rosemberg.

This content is reserved for our licensees.

Log In Register

Managers project 20% fall in allocations from Peruvian AFPs

A law allowing withdrawal of 25% of pension savings is having a serious impact on AFP portfolios.

This content is reserved for our licensees.

Log In Register

AFPs’ cross-border real-estate and infrastructure investment will not count against equity quotas

The Pension Superintendent said cross-border real-estate and infrastructure products will be classified as fixed-income investments, which should make them more attractive for AFPs.

This content is reserved for our licensees.

Log In Register

Chilean lower chamber greenlights withdrawal of 10% of retirement savings

Unexpectedly, the bill gained the support of right-wing parliamentarians, threatening the stability of the individually funded system.

This content is reserved for our licensees.

Log In Register

Idea of pension fund withdrawals gains ground in Chilean political and judicial arena

Though the Supreme Court can still weigh in , an appeals court ruling ordering AFP Cuprum to hand over to an affiliate all of her retirement savings has rattled the industry.

This content is reserved for our licensees.

Log In Register