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,
Vanguard’s Emerging Markets Bond Fund attracts AFP allocations prior to CCR’s green light
Vanguard's Mauro Favini said the product attracted attention by its ability to generate alpha in this asset class and its unique investment process.
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.
Metlife Chile beefs up senior management as it fights redemption effort
MetLife has argued that affiliate redemptions from annuity plans constitutes expropriation and violates the Chile-USA free-trade agreement.
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.





