Chilean AFPs pulled investments in February from Asian and North American equities, as well as from high-yield bonds, in moves that hurt funds and ETFs like iShares Core S&P 500, Financial Select Sector SPDR, Investec Asian Equity and Axa US High Yield Bonds.
HMC nabs ex-PineBridge manager Santiago Arias
March 17, 2016 by
Arias, who will be based in Chile, will help HMC with the rollout of regional equity products.
Chilean AFPs trimmed their exposure to Asia and emerging markets in January
March 17, 2016 by
While cutting back broadly on positions across Asia, emerging markets and in the US, the AFPs targeted European equities in January. Some large funds from AXA, iShares, and Henderson, suffered, while State Street and Deutsche had some reason to cheer.
CCR Monthly Approval Report – February 2016
March 7, 2016 by
Five funds were added, while 17 were delisted. Edmond de Rothschild led with three mutual funds listed, all of them equity products, followed by BlackRock and NN IP, each with one new fund approved.
Latin countries seek to breathe new life into regional fund association FIAFIN
February 23, 2016 by
Mónica Cavallini, CEO of the Chilean fund association and a past general manager of the FIAFIN, spoke to Fund Pro Latin America about the upcoming ambitious projects of the regional association.
Ameris launches Chilean AGF to offer alternatives funds for institutional investors
February 19, 2016 by
While launching local proprietary products for consumption of local institutions, Ameris is also banking on a surge of AFP investment in global alternatives, in the event regulations are modernized.
Santander unveils Spanish fund lineup to Andean AFPs
February 9, 2016 by
With Lázaro de Lázaro, CEO of Santander Asset Management España in tow, the manager took a roadshow to Chile, Peru and Colombia, talking up its recently approved Spanish fund lineup and emphasizing the importance of diversifying portfolios to Europe.
Acafi promotes boost in alternatives investment, but through Chilean-domciled funds
February 9, 2016 by
In light of a potential boost in AFP investment in alternatives, Cristián Letelier of the Acafi trade group wants the pension managers to continue using local funds to do so, enumerating many benefits of the current practice.
CCR Monthly Approval Report – January 2016
January 28, 2016 by
A total of 19 products were added in January to the list of approved instruments to receive investments from Chilean Pension Managers (AFPs). Petercam, Highland Funds, AZ Multi Asset, MAN-GLG, Invesco, PIMCO and Pictet were among the managers registering products.
Chilean AFPs boosted European equity holdings in December while fleeing from high-yield bonds
January 28, 2016 by
December was tough on funds of AXA and BTG Pactual, while Deutsche and Henderson benefited from investment in Europe and PIMCO and JPM took advantage of AFP interest in low volatility fixed-income products.
