The AFPs yanked USD 516 million from emerging markets equity in September, including a USD 533 million redemption from the iShares MSCI Emerging Markets ETF.
AFPs go long emerging markets; cool on Asia, Europe
Total allocations from Colombian AFPs to offshore funds and ETFs reached USD 19.2 billion in August.
Colombian AFPs wade back into funds amid trade uncertainty
Total allocations from Colombian AFPs to offshore funds and ETFs reached USD 19.2 billion in July.
Colombia’s Davivienda hires Itaú selector to run its international investment area
Corredores Davivienda, a Colombian brokerage firm, has hired ex-Itaú senior fixed-income fund selector Lucas Toro Duque as its head of international investments.
Colombian AFPs favor North America, emerging markets amid trade tensions
Total allocations to offshore funds and ETFs rose USD 109 million to end the month with USD 20 billion under management.
Trade rhetoric inspired Colombian AFPs to keep assets closer to home in April
Colombian AFPs showed a preference for North American and Latin American equity in April, while scaling back their positions in emerging-market equities, as escalating US trade rhetoric encouraged the AFPs to invest domestically.
Colombian AFPs want more contributors in system, even if they receive less from each affiliate
Instead of two regimes (state-run pay-as-you-go and AFPs) competing, there should be a single system based on government social security and individual contributions to public and private AFPs, says the Colombian pension association.
Colombian AFPs turned to North American and Japanese equity in March
iShares Core S&P 500 and the iShares MSCI Japan added a combined USD 510 million for the month, as overall system AUM in cross-border funds and ETFs neared USD 20 billion.
Colombian fund industry seeks to raise profile as investor demand heats up
Efforts to align funds according to investment strategy, educate the public and provide better outreach are underway has AUMs climbed more than 20% in 2017, says Marcela Arias of Asofiduciarias.
New real-estate fund regs permit hiring of third-party managers
Marcela Arias of the Colombian mutual fund association, Asofiduciarias, is optimistic about a boom in REIT activity beginning as early as the second half of 2018.