Mutual funds see outflows for seventh month in a row with BRL 58.4 billion lost in June

High-income retail sector led redemptions with BRL 18.6 billion.

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CCR Monthly Approval Report – June 2023

Mutual funds from Goldman, Man, Wellington and Moneda were approved in the month of June 2023.

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Acafi gets four new managers with a focus on alternative assets

The Chilean Association of Mutual Fund Managers now groups 42 fund managers with assets under management of more than USD 33 billion.

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Pension Reform: Economy Committee proposal moves ahead

The proposal reaffirms the individual capitalization model over the pay-as-you-go model, unlike the Labor Committee's bill which is based on a multiple pillar scheme.

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Mutual funds outflows reach BRL 47.2 billion in May

Fixed income had the worst figures, bleeding BRL 29.6 billion.

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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.

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ColCapital highlights the role of pension funds in private equity development

On the pension reform, the association calls for prudence and understanding that Colombians' savings are at stake.

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Credicorp enters the pension debate in Peru

The firm proposes the entry of new players and fees based on fund performance.

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Government proposal may increase taxation of cross-border investments

Even a checking account may be taxed. The measure still needs to be approved by Congress and may undergo changes.

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Negative flows continue to hit cross-border Brazilian funds in first quarter

Despite USD 1.7 billion exited domestic mutual funds that invest in cross-border instruments, distributors see growing interest in international diversification.

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