AFP exposure to emerging markets rose in September to nearly 25%, compared with only 10% in December 2015. The largest allocation for the month was for USD 136 million into Vontobel Emerging Markets Equity–I, made by a single AFP.
Scotia-controlled AFP in Colombia names new CIO
Colombian AFP Colfondos has named Andrés Lozano as its new chief investment officer, replacing Mateo Ossa.
Colombian AFPs boosted their exposure to emerging markets in August
Colombian AFPs in August increased their exposure to emerging-markets equity by US 477 million, lifting their stake in the region to 24% just behind that of Europe. iShares reached USD 6.4 billion in AUMs, leading the field.
Colombia’s AFP Protección names new CIO
Felipe Andrés Herrera Rojas has taken over the CIO role at Protección, Colombia's largest private pension manager, which is part of Sura Group.
iShares big beneficiary of Colombian AFP focus on emerging markets
The iShares MSCI Emerging Markets ETF was by far the biggest gainer for the month, with allocations coming from AFP Proteccion, with a USD 218 million deposit, and smaller amounts coming from Colfondos, Porvenir and Old Mutual.
HIG Capital takes aim at Colombian private-equity and alternatives market
The global private-equity firm has installed Andrés Marulanda, an MIT graduate with nine years' experience in the local private-equity market, in its newly established Bogota office.
Allocation from Colfondos bolsters Pictet European fund
The USD 150 million allocation juiced the AUMs of the Pictet Europe Index-I EUR product in June. Meanwhile, AFP Protección made some significant changes to its portfolio that impacted Morgan Stanley, iShares and Vanguard.
iShares Emerging Markets a magnet for Colombian AFP money
Amid a pullback from Europe and North America, Colombian AFPs were not shy about plowing nearly USD 500 million into the iShares Emerging Markets ETF in the March-May period.
Colombian AFPs made play for emerging markets in April
Exposure to emerging-markets climbed to 15%, up from just over 10% in December 2015, benefiting iShares and Fidelity. Henderson also scored a major allocation in the Euro segment.
iShares bears the brunt of Colombian AFP portfolio reshuffling
The AFPs redeemed USD 522 million from iShares ETFs in February and USD 548 million in January, as allocations to the US and Europe were sharply reduced.