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.
Chilean AFPs exited Asian funds in May while warming to fixed income
August 1, 2020 by
The AFPs decreased their exposure to equity by USD 3.2 billion during the month, while boosting investments in fixed-income funds by USD 893 million.
CCR Monthly Approval Report – July 2020
August 1, 2020 by
A total of 16 products were added in the month from eight different asset managers: Fideliy, Invesco, Janus Henderson, T. Rowe Price , ComStage, Apollo, Portfolio Advisors and Tishman Speyer.
New manager Fintual targets millennial Chileans with online-only offering
July 31, 2020 by
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.
Chilean AFPs face up to USD 20 billion in redemptions
July 24, 2020 by
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.
BlackRock, others, eye listing of gold ETFs in Chile
July 14, 2020 by
Approval of gold representative securities comes as global investors focus on gold due to increased market volatility, said BlackRock's Francisco Rosemberg.
AFPs’ cross-border real-estate and infrastructure investment will not count against equity quotas
July 14, 2020 by
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.
Chilean lower chamber greenlights withdrawal of 10% of retirement savings
July 14, 2020 by
Unexpectedly, the bill gained the support of right-wing parliamentarians, threatening the stability of the individually funded system.
Chilean AFPs flood back into Asian equity, high-yield bonds in April
July 13, 2020 by
All told, the AFPs raised their exposure to equity by USD 3.4 billion during the month, while boosting investments in fixed-income funds by USD 1.8 billion.
CCR Monthly Approval Report – June 2020
July 1, 2020 by
A total of eight products were added in the month from seven different asset managers: Lyxor, Invesco, Charterhouse CP, GTCR , MV CP, Nordic Capital and Pantheon.
