Colombian AFPs' net February allocation of USD 255 million to emerging-markets equity reversed a four-month retreat from the category. Total AUMs abroad of USD 15.7 billion compare with less than USD 13 billion in February 2016.
Chilean AFPs redeem heavily from North America in March; add to Europe and Japan
May 2, 2017 by
Chilean AFPs redeemed heavily from North America in March 2017, pulling the most AUMs since August, while boosting their allocations to Japan and Europe, benefiting Eastspring Japan Dynamic-B and iShares MSCI Eurozone.
Positive flows, good returns boosted Chilean AFP assets abroad in February
March 23, 2017 by
The total Chilean portfolio abroad reached USD 60.9 billion in February and was at its highest since USD 61.3 billion in April 2016. Active funds from Eastspring, TIAA, Pimco, Julius Baer and BNP Paribas were among the leading gatherers for the month.
Colombian AFPs ended 2016 with rush into US equities and exit from Europe
March 12, 2017 by
Colombian pension-manager allocations to North American equity as of December reached USD 3.2 billion in December, or 22% of the USD 14.5 billion cross-border portfolio, vs. just 14% in July.
Chilean AFPs cut Europe, Asia exposure in January while hiking North America
March 1, 2017 by
Schroders, Pimco, AXA and Fidelity benefited from AFP allocations to specialty fixed-income products. The first month of 2017 was positive for cross-border managers thanks in part to strong market returns.
Colombian AFPs retreated from emerging markets and Europe in November
February 7, 2017 by
Significant redemptions from Porvenir and Colfondos led to some disappointing results for global providers in November, especially iShares, Pictet and State Street.
Chilean AFPs pull money from global equities, ending three-month streak
January 24, 2017 by
Allocations into high-yield and money market offset the equity pullout. Total AUMs invested in cross-border funds and ETFs came to USD 58 billion, down from USD 62 billion a year earlier.
Pre-Trump, Colombian AFPs embraced emerging markets and North America while turning away from Europe
January 11, 2017 by
At the close of October, Colombian AFPs had boosted their exposure to emerging markets to nearly USD 4 billion, an 18-month high. Overall allocations abroad reached USD 14.9 billion, an 11-month high.
Chilean AFPs boosted US exposure in aftermath of surprise election outcome
January 10, 2017 by
Chilean AFPs, inspired by positive returns, bet heavily on US equity products, while at the same time unloading positions in emerging-market-bond funds on the heels of the surprise Trump victory in the US Presidential election.
Chilean AFPs showed renewed interest for US equities ahead of of November elections
December 10, 2016 by
AFP exposure to North American equity hit a three-month-high of USD 10.4 billion in October, as managers plowed USD 438 million into the segment. Over the last three months, the SPDR S&P 500 has accumulated USD 1.2 billion in new AFP investment.
