The AFPs finished February with USD 16.6 billion invested in cross-border funds and ETFs, 95% of which was in equities. Many had adopted a wait-and-see posture, or were selling into rallies.
Colombian AFPs sold equity funds and ETFs in February, despite rally in global stocks
Colombian AFPs shifting ETF exposure to UCITS
BlackRock's Diego Mora confirmed that the AFPs are moving to these vehicles because of their tax efficiency and a host of other characteristics.
Colombian AFPs go yet longer on emerging-markets equities
The AFPs finished April with USD 17.8 billion invested in cross-border funds and ETFs, almost all of which was in equities, after having yanked USD 597 million in the first quarter.
Younger Colombian AFP affiliates move into more age-appropriate investment vehicles, spurring equity demand
BlackRock's Diego Mora viewed the government's rule change with optimism, noting that AFP demand for internationally diversified products like ETFs will increase.
Colombian AFPs favor emerging-markets equities in choppy market
Led by iShares MSCI Emerging Markets ETF, the emerging-markets-equity category attracted USD 140 million from AFPs in an otherwise poor December for cross-border firms.
Colombian AFPs went longer on emerging-markets equity in March
The AFPs yanked USD 61 million from cross-border funds and ETFs in March 2019, but shoveled USD 447 million into a single Vanguard ETF, raising the firm’s total Colombian AUM to USD 2.5 billion.
Colombian AFPs dump North American equity as trade spat escalates
Total allocations from Colombian AFPs to offshore funds and ETFs slipped to USD 16.4 billion in October; 97% of that exposure is to equity.