A total of 15 products were added in the month from four different asset managers: iShares, Allianz, M&G and Vanguard.
Alternative funds seen losing share in AFP portfolios due to affiliate withdrawals
In the medium term, AFPs will have to reorganize their portfolios after a series of 10% withdrawals, says ACAFI president Luis Alberto Letelier.
CCR Monthly Approval Report – January 2022
Moneda, AlpInvest Partners, Astorg Partners , HarbourVest Partners and HG CP were the managers registering products in January 2022.
BlackRock led offshore product registration in Chile in 2021
"iShares ETFs give Chilean investors the means to build their portfolios in an effective and simple way," said BlackRock's Andrés De Goyeneche.
Chilean AFPs plowed more than USD 3.5 billion into equity funds in November
Funds investing in Asian equities received USD 1.47 billion while funds investing in the US market attracted a total of USD 1.15 billion.
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.
Singular AGF expands local ETF offering in Chile with Nasdaq 100 product
Singular's Pablo Jaque said the ETF gives any investor with 1,000 Chilean pesos access to global companies that are leading the technological revolution.
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.
Ecus Capital led by Hubert Porte sells its AGF to concentrate on its institutional distribution business
Ecus Capital will now focus on distribution of mutual funds and alternative products to institutional investors in Chile, Peru, Colombia and now Mexico,