Pension funds offloaded international investments by USD 400 million in December, the fourth straight month outflows.
Chilean AFPs finished 2022 with added flows to mutual funds and ETFs
After three straight months of net outflows, the pension managers made purchases of USD 295 million during the month of December.
CCR Monthly Approval Report – February 2023
A total of five products were added in the month from five different asset managers: AllianceBernstein, Credicorp Capital, HIG Capital, Q-Energy and TA Associates.
Bci signs agreement with American Century and prepares to register with CCR
The Chilean firm will distribute throughout the region, and from Miami, for the private banking business.
Colombia’s tax reform gets bad grades from capital-markets watchdog
Tax Reform Law 2277 makes Colombia unfriendly from a tax perspective, when compared to regional peers Peru, Chile and Mexico, said the group.
Brazilian mutual funds face outflows for third straight month in January 2023
Only fixed-income, retirement funds and FIP classes had inflows in the period. Equity funds suffered outflows of BRL 9.2 billion.
Brazilian funds investing abroad were battered in 2022, but a recovery is expected for 2023
Franklin's Daniel Popovich along with peers from JP Morgan and Santander, says managers in Brazil noticed a pickup in global fund sales in 4Q 2022 after a difficult nine months.
Pension reform to be presented at the end of October
The Government will face a tough scenario in Congress, since it lacks a majority and the opposition has established the idea that rejection of the new constitution removed the social floor from the pension reform.
Colombia’s pension reform could begin taking shape in April
Economist and consultant Gustavo Moreno Montalvo anticipated a not-so-winding road for the presidential reform proposal.