Colombian AFP pension funds added USD 580 million to their positions in cross-border securities in October, of which 80% was applied to ETFs. Purchases were concentrated in equity-oriented products to the USA and Europe. Products of State Street and iShares benefitted the most for the new inflows.
Colombian pension managers added a USD 1 billion to their cross-border portfolios in October
BNP Paribas launches local custody in Colombia
The move allows BNP Paribas to provide post-trade services to international banks and investors wishing to invest in Colombia, while supporting the international expansion of banks, brokers and institutional investors based in Colombia and other Latin American countries.
Scotiabank to buy majority stake in Colombian pension fund Colfondos AFP
Scotiabank says it has reached an agreement to buy a 51% stake in Colombia's fourth-largest pension fund company.
Latin American Pension Fund Investments in International Securities – June 2013
Chart comparing levels of pension fund system investments in international mutual funds and other international securities. Data from Argentina, Chile, Colombia, Mexico and Peru. Data broken out by instrument. Year-end totals from December 2008 through 2012, previous month results and as of June 30, 2013.


