Colombian AFPs raised their exposure to cross-border funds end ETFs by USD 186 million in February for USD 20.3 billion under management, plunging into North American equity even as volatility rocked US equity markets.
Colombian AFPs began 2018 with a redemption bias in cross-border markets
March 20, 2018 by
Despite the outflows, strong returns led to an increase in allocations to cross-border products, which stood at USD 20.9 billion versus USD 19.7 billion at the end of 2017.
Scotiabank property to take over Citi’s retail banking network in Colombia
February 12, 2018 by
Acquisition of Citi's 47 branches and 424 self-service access points across Colombia fits with Scotiabank's strategy to increase scale in Pacific Alliance economies of Colombia, Mexico, Chile and Peru," said the firm's Nacho Deschamps,
Colombian AFPs favored emerging markets and Europe in 2017
February 11, 2018 by
Emerging-market equity ended up being Colombian AFPs’ biggest allocation target in 2017, ending the year with USD 5.8 billion in investments and a 29.5% market share.
Boosted by AUM growth, JP Morgan to open Colombian office
January 9, 2018 by
Giacomo Grage, who until now has been working from JPM's Andean flagship in Santiago, will head the initiative in Bogota.
Colombia redemptions spare few regions in November
January 4, 2018 by
The biggest outflows in November came from emerging markets equity and North America. Emerging markets had been on a roll, capturing assets for nine straight months.
Colombian AFPs look to US and Latin America in October
November 26, 2017 by
The biggest inflows went to North America equity, with Colombian AFPs shifting USD 99 million into the funds after pulling money out the previous month.
Europe and Latam gain as Colombian AFPs unwind US and Asian positions
November 8, 2017 by
Colombian AFPs moved USD 661 million into cross-border funds in September, with European funds from JP Morgan and Lyxor garnering large investments. Products in the Latam region also advanced.
Colombian AFPs plowed USD 420 million into cross-border funds in August
October 12, 2017 by
Europe, emerging markets and North America attracted the most Colombian AFP allocations in August, with USD 420 million flowing to the three regions for the month.
Colombian AFPs added USD 3 billion to cross-border funds and ETFs through July 2017
September 15, 2017 by
Total AUMs abroad stood at USD 17.8 billion in July, up from USD 17.1 billion in June, their highest level for at least two years and a half. They compare with USD 14.5 billion at the end of last year.
