Equity vehicles added USD 331 million in assets during August as cross-border funds finished the month with USD 21.7 billion in Colombian pension AUM.
Bill in Colombia would shift USD 12 billion from AFPs to public system
The measure seeks to lure wealthy AFP affiliates to the public system by subsidizing a more attractive pension payout, says Asofondos's Jorge Llano Salamanca.
Colombian AFPs added USD 317 million to global fund and ETF holdings in July
The managers once again favored North American equity, placing USD 82 million into those funds for AUM of USD 5.5 billion — their biggest allocation.
Colombian AFPs plunged back into equity in June as markets rallied
Cross-border funds and ETFs attracted USD 376 million from the AFPs in June to finish the month with USD 19.2 billion in assets under management.
Cross-border fixed-income funds being scooped up by Colombian AFPs
Over USD 900 million was invested in the asset class during the first half of 2020, with Colfondos and Protección leading the way.
Colombian AFPs go longer on equities, favor emerging markets, in February
The AFPs finished February with USD 18.4 billion invested in cross-border funds and ETFs, almost entirely in equity funds. They increased their total equity exposure by USD 935 million during the month, to USD 18 billion.