Colombian AFPs reduced their exposure to emerging-market-equity products while increasing their positions in specialized instruments with European exposure.
US equity ETFs attracted Colombian AFP investment in September
AFPs increased exposure to US equities, adding USD 338 million in the month. In contrast, they shed positions in Japanese and emerging-market-equity funds.
Colombian AFPs stocked up on US Equity and EMD in August
Colombian AFPs channeled USD 150 million in new investments into specialized US equity products - mostly passive - in the month of August.
JP Morgan adds to retail reach in Colombia with Skandia launch
Skandia's voluntary pension multi-fund is making JPM's Global Equity Portfolio available to members of its plan.
Colombian legislator proposes allowing older workers to leave AFPs and join government retirement system
Colombian AFPs and the Ministry of Finance oppose the initiative but in the political world there is interest in a far-reaching rethink of the pension system.
Colombian AFPs reduced exposure to international equity in July
Despite the lackluster monthly result, managers Aberdeen and BNP received sizable allocations in their Asian offerings.
Sura launches traditional fund lineup in native Colombia
SURA says it wants to offer clients the possibility of investing in any country in which they have a presence (Mexico, Colombia, Peru, Chile, Uruguay and Argentina).
AFP Colfondos promotes in-house executive as new CIO
Andrés Herrera Jiménez, who has been with the firm since 2009, was appointed vice-president of investments of the pension manager.