Colombian AFPs in September continued to show bias to Europe, as overall exposure to the region hit USD 3.5 billion, benefiting managers like Vanguard and Deutsche, who captured a combined USD 232 million in their European funds and ETFs during the month.
Bias to Europe leads to advances by Vanguard and Deutsche in Colombian pension market
Allfunds opens second Latam rep office
Colombia native Carlos Felipe Stozitzky has been appointed as director of the new representative office in Bogotá.
AFP Protección: Informal economy and dueling systems complicate Colombian pension market
In a wide-ranging interview with Fund Pro Latin America, Mauricio Toro, president of AFP Protección, also commented on the firm's continued preference for ETFs over actively managed cross-border funds.
A MILA fund platform? Chilean execs don’t see it working
Initiative of the Mutual Fund Association seems like more of a political announcement than a project with a real future, sources told Fund Pro Latin America.
AFP Protección: formalización del trabajo es un gran desafío
En el plano de las inversiones, debería seguir ampliándose la preferencia por ETFs sobre fondos activos.
Colombian AFPs’ performance now judged in part against S&P index
Standard & Poor's Colombia Select Index, along with the pre-existing Colcap, will now form part of a new aggregate index against which local AFPs will benchmark their returns. Other indices meeting criteria laid out by the Superintendencia Financiera can also be added to the aggregate index.
Colombian infrastructure program generating interest for investors in alternatives
The "Fourth Generation Concessions Program," introduced two years ago by the Colombian government, has created considerable expectations among foreign and local sponsors who want to develop investment vehicles for project implementation. AFPs would be likely buyers of the products.
Patria Investimentos to open Colombian private-equity shop
The firm, which is backed by Blackstone, has announced that it will open an office in Colombia and investment of up to USD 500 million.
Swiss & Global manager plans to double Colombian bond exposure
Enzo Puntillo, who manages seven emerging market debt funds at the Swiss group, has built a 4.3% position in the country over the past few weeks and said he plans to double it in the near future.