At the close of October, Colombian AFPs had boosted their exposure to emerging markets to nearly USD 4 billion, an 18-month high. Overall allocations abroad reached USD 14.9 billion, an 11-month high.
Pre-Trump, Colombian AFPs embraced emerging markets and North America while turning away from Europe
Natixis survey: Volatile market environment prompting more active investing
“Unprecedented economic and political forces around the world are the top concern for institutions in 2017,” said John Hailer, CEO of Natixis Global Asset Management for the Americas and Asia and head of global distribution.
Chilean AFPs boosted US exposure in aftermath of surprise election outcome
Chilean AFPs, inspired by positive returns, bet heavily on US equity products, while at the same time unloading positions in emerging-market-bond funds on the heels of the surprise Trump victory in the US Presidential election.
Wells Fargo’s advice for 2017: look beyond day-to-day volatility in global markets
If investors were looking solely at recent disruptive global events, "they wouldn’t have seen what was quietly happening in the background – nearly all asset classes were moving higher,” said Darrell Cronk, president of Wells Fargo Investment Institute.
MFS announces promotions among Latam team
Stephan Von Hartenstein, regional director, has taken on additional coverage and support responsibilities for the Southern Cone region. Ignacio Durañona, who had been working as an internal wholesaler since 2015, was promoted to Southern Cone regional manager.
CCR Monthly Approval Report – December 2016
Eight mutual funds were added in December to the list of approved instruments eligible to receive allocations from Chilean Pension Managers (AFPs). Of those, only one it is an equity product, while the others belong to the fixed income and money market asset class categories.
Itau names Constantini as US CEO and head of Northern Hemisphere wealth biz
Carlos Constantini, who was named CEO of the US unit, will be based in Miami, home to Itau's private-banking operation for Latin American clients. He will take charge of Northern Hemisphere wealth-management, including the Zurich business.
Sovereign wealth funds boost allocations into emerging markets
Sovereign wealth funds are significantly increasing allocations to private markets (private equity, real estate and infrastructure) and emerging markets, says Will Kinlaw of State Street Associates.
BBVA Bancomer forges ahead with dollarized fund-of-fund family
"We did not know or expect that Trump would win the US election," said BBVA's Victor Piña Piñeiro. "It seems we had excellent timing for launching these new funds on the market."
Afore Azteca sticking with ETFs as it builds its AUM base
While nearing critical mass necessary for executing an international mandate, Afore Azteca has decided to diversify its global investment portfolio by strategically using ETFs based on MSCI World indices.









