Natixis's José Luis León Dugand, country head Colombia, Panama and Peru, said the investment reflects a deepening of the confidence and knowledge of local institutional investors in the firm.
Colombian AFPs boosted exposure to emerging markets in April
Total Colombian AFP assets abroad stood at nearly USD 17 billion in April, compared with USD 16.4 billion in March, and were at their highest level in at least two years. Emerging-market exposure clicked up two points to land at over 26%.
BlackRock bets on Colombian infrastructure with local fund launch
The locally domiciled fund aims to provide investors with attractive yields and long-dated investments linked to inflation.
Colombian AFPs now allocate more to emerging markets than US equities
Two emerging-market ETFs - one from iShares and the other from Vanguard - gathered close to USD 600 million in March from Colombian pension managers. A single AFP was responsible for two-thirds of the net investment.
Colombian AFPs turn their attention to emerging markets and Europe
Colombian AFPs' net February allocation of USD 255 million to emerging-markets equity reversed a four-month retreat from the category. Total AUMs abroad of USD 15.7 billion compare with less than USD 13 billion in February 2016.
Colombian AFPs allocations abroad at three-month high as US focus dominates
Colombian pension-manager investments abroad reached a three-month high in January, as allocations to North America outpaced heavy redemptions from emerging markets. Japan also had a net positive month.
Colombian AFPs ended 2016 with rush into US equities and exit from Europe
Colombian pension-manager allocations to North American equity as of December reached USD 3.2 billion in December, or 22% of the USD 14.5 billion cross-border portfolio, vs. just 14% in July.
Colombian AFPs retreated from emerging markets and Europe in November
Significant redemptions from Porvenir and Colfondos led to some disappointing results for global providers in November, especially iShares, Pictet and State Street.
New CEO named at AFP Colfondos
Alain Foucrier Viana was named head of the Colombian pension fund Colfondos, replacing Alcides Vargas Manotas.
Pre-Trump, Colombian AFPs embraced emerging markets and North America while turning away from Europe
At the close of October, Colombian AFPs had boosted their exposure to emerging markets to nearly USD 4 billion, an 18-month high. Overall allocations abroad reached USD 14.9 billion, an 11-month high.