Europe, emerging markets and North America attracted the most Colombian AFP allocations in August, with USD 420 million flowing to the three regions for the month.
Chilean AFPs added USD 3.4 billion to Asian and European equity in June-August period
Fund managers that benefited from the extended buying spree in August were Investec, Man GLG and Invesco.
Colombian AFPs added USD 3 billion to cross-border funds and ETFs through July 2017
Total AUMs abroad stood at USD 17.8 billion in July, up from USD 17.1 billion in June, their highest level for at least two years and a half. They compare with USD 14.5 billion at the end of last year.
Asian, European and emerging-markets funds lifted in Chilean AFP offshore surge
Chilean AFPs finished July with USD 68.9 billion abroad, a level not seen since July 2015, and compares with USD 57.7 billion in December. Funds by Aberdeen, Allianz, Investec, GAM and Invesco were in high demand.
GAM, Invesco and Allianz reap Chilean AFP push into Asia and Europe
The AFPs have roared back into Europe and Asia, pumping more than USD 1 billion into equity products from the two regions in June, to the benefit mostly of active managers.
Colombian AFPs hot on emerging markets and Europe as global allocations swell
Parvest Equity Europe Small Cap-I, a BNP Paribas fund, saw a USD 136 million May allocation that was the largest for an active fund within the Europe equity category. AFP allocations abroad in May totaled USD 17.1 billion, the highest level in over two years.
Chilean AFPs retreat from North America; look to Europe and Latam
Allianz, Deutsche and Schroders were among the beneficiaries in May of a transfer of AFP assets from North America to Europe and Latin America. The AFPs' total investment abroad increased USD 2 billion to USD 64.5 billion in the 30 days.
Colombian AFPs boosted exposure to emerging markets in April
Total Colombian AFP assets abroad stood at nearly USD 17 billion in April, compared with USD 16.4 billion in March, and were at their highest level in at least two years. Emerging-market exposure clicked up two points to land at over 26%.
Colombian AFPs now allocate more to emerging markets than US equities
Two emerging-market ETFs - one from iShares and the other from Vanguard - gathered close to USD 600 million in March from Colombian pension managers. A single AFP was responsible for two-thirds of the net investment.
Chilean AFPs boost European and EMB positions in April
Total Chilean AFP assets abroad reached in April USD 62.7 billion and were at their highest level since October 2015. The increase from USD 61.7 billion was powered by returns, as the AFPs redeemed a net USD 177 in cross-border investments.