Mutual funds from Goldman, Man, Wellington and Moneda were approved in the month of June 2023.
CCR Monthly Approval Report – May 2023
BlackRock led with four ETFs of its iShares family, while EDM, JPMorgan, Patria and TJC completed the list each with one product approved.
Brazilian mutual funds face record outflows of USD 9 billion in April
Over the 12 months ending in April 2023, investors pulled BRL 71 billion out of the mutual fund industry.
Bolivia dissolves its USD 2.4 billion private pension system
Transfer of assets to a state-run agency means private managers owned by Zurich and BBVA have closed shop.
Election of constitutional delegates in Chile seems to secure current AFP pension model
The strong presence of right-wing and center-right forces looks set to wreck the left-wing initiatives for a drastic overhaul of the individually funded system.
Colombian AFPs shed international investments in February
Sales of international assets totaled USD 1 billion in the month, mostly affecting money-market funds.
Global ETFs raked in USD 400 million from Chilean AFPs in February
Active funds fared much worse in the month, with the exception of money-market funds. High-yield products were hit hardest.
CCR Monthly Approval Report – April 2023
American Century led with three ETFs registered in the month, while Robeco, with one mutual fund, completed the list.
Peru discussing a seventh withdrawal of AFP savings
Meanwhile, several plans of consolidating pension schemes and even eliminating the AFPs are also being tossed about.